Over the last five years CEOs of Indian IT firms have seen a large bump in their compensation. This large increase hasn’t been the norm across sectors an analysis by Forbes India shows.
The reason for this jump has been two-fold. First is the liberal grant of stock options, which are often in the form of restricted stock units (RSUs). These usually have a vesting price of Rs1-5 and are certain to vest after a fixed time period. Salil Parekh of Infosys received a part of his compensation in the form of RSUs.