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Members of the C-suite in India’s top listed companies pocketed big paycheques in the last financial year, clocking an annual rise of 40% in their average compensation, the fastest in at least five years. However, this unfolded amid a stronger relationship between their pay and company performance. Both the aggregate top line and bottom line of the 30 Sensex companies grew impressively in 2021-22, at 20% and 40%, shows a Mint analysis. Data also suggests that the overall remuneration of key managerial personnel in these companies jumped 16.2% in the year after a decline of nearly 15% in the previous financial year. It was interesting to note that despite the disruptions caused by the pandemic, the number of chief executive officers in the highest earning bracket of 10 crore a year has been steadily growing. Mint explores further:

FY22 gave top India Inc CEOs best hike in years
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FY22 gave top India Inc CEOs best hike in years

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