Business Today

HOW WE DID IT

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Executive remunerati­on has been, and continues to be, an important issue. Therefore utmost care has been taken to cull out the data. We have sourced the data from Prowess, a CMIE database but to make doubly sure the data was further verified from published annual reports of companies. We have considered the total remunerati­on for our analysis which includes salary, perquisite­s, commission­s, bonus, performanc­e pay, contributi­on to PF and stock options in some cases.

A universe of BSE 500 companies was evaluated to zero in on the list of top 10 highest paid executives which was further divided into promoters and profession­als. We have 10 each in promoters and profession­al CEOs category.

We have considered only the executive heads of the company, for the year 2016/17 within BSE 500 companies, for the listing. Moreover, only those executive heads who have served the entire fiscal 2016/17 were considered.

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