CEO Salary News Update: Even although staff are being retrenched in tech corporations all over the world, there may be doubt on the rise in wage, however there’s a steady enhance within the wage of the CEOs of those tech and different sector corporations. According to statistics, there’s a distinction of 18 to twenty occasions extra within the wage of a traditional worker and CEO.

According to a report by Equilar, in 2022, Sundar Pichai, CEO of Google’s father or mother firm Alphabet, acquired Rs 1855 crore as wage and different allowances. While the common wage of a Google worker is Rs 2.29 crore. According to the report, it’s going to take 808 years for a traditional Google worker to get the CEO’s wage. Sundar Pichai’s wage in 2021 was solely Rs 51.88 crore. That too was 21 occasions greater than the common wage of the workers.

If you take a look at the wage of CEOs of another international corporations, the annual wage of Elon Musk, CEO of Tesla, is Rs 1.92 lakh crore, whereas the common wage of a Tesla worker is Rs 1.22 crore. The annual wage of Apple CEO Tik Cook is Rs 812 crore, whereas the common annual wage of Apple staff is Rs 1.46 crore. The annual wage of Microsoft’s Satya Nadella is Rs 451 crore whereas the common annual wage of staff is Rs 1.29 crore.

The CEO’s wage is greater than that of an worker. But that is the story of each firm. Because it’s the CEO who exhibits the corporate a brand new path and takes it to some extent. The motion of the corporate’s inventory will depend on his selections. Due to which the revenue of the shareholders will depend on the rise within the worth of the corporate. The firm additionally has to bear the brunt of the unsuitable choice of the CEO of the corporate.

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