A Mint analysis just revealed that nearly 45% of executive heads across 232 BSE 500 companies are earning over 100 times what their company's median employee remuneration takes home, up from nearly 40% in FY20.
The pay gap is getting wider, even as the economy faces challenges.
High executive pay draws investor scrutiny
Since fiscal 2024, many executives have been making at least 80 times the median staff salary.
These massive paychecks are under more scrutiny now, especially as investors increasingly question compensation decisions.
Plus, variable pay now makes up about 60% of CEO pay in big firms, reflecting how much companies value leaders who can handle digital shifts and ESG risks.
With income inequality in the spotlight, there's growing pressure on companies to rethink how they reward their top brass.