CEO Salary News Update: Even though employees are being laid off in tech companies around the world, there is doubt on the increase in salary, but there is a continuous increase in the salary of the CEOs of these tech and other sector companies. According to statistics, there is a difference of 18 to 20 times more in the salary of a normal employee and CEO.
According to a report by Equilar, in 2022, Sundar Pichai, CEO of Google’s parent company Alphabet, received Rs 1855 crore as salary and other allowances. While the average salary of a Google employee is Rs 2.29 crore. According to the report, it will take 808 years for a normal Google employee to get the CEO’s salary. Sundar Pichai’s salary in 2021 was only Rs 51.88 crore. That too was 21 times more than the average salary of the employees.
If you look at the salary of CEOs of some other global companies, the annual salary of Elon Musk, CEO of Tesla, is Rs 1.92 lakh crore, while the average salary of a Tesla employee is Rs 1.22 crore. The annual salary of Apple CEO Tik Cook is Rs 812 crore, while the average annual salary of Apple employees is Rs 1.46 crore. The annual salary of Microsoft’s Satya Nadella is Rs 451 crore while the average annual salary of employees is Rs 1.29 crore.
The CEO’s salary is higher than that of an employee. But this is the story of every company. Because it is the CEO who shows the company a new direction and takes it to a point. The movement of the company’s stock depends on his decisions. Due to which the profit of the shareholders depends on the increase in the value of the company. The company also has to bear the brunt of the wrong decision of the CEO of the company.
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