.png)
The ratio of a director's salary to the median salary of an employee for Nifty 50 companies shows an interesting trend for financial year 2016.
Data compiled by BloombergQuint shows Vineet Nayar, former Executive Vice Chairman with Tech Mahindra tops the list, as his pay was 3,439 times the median salary of an employee in Tech Mahindra.Lupin has two among the six top paid directors.
Founder DB Gupta earns 1,317 times the median pay and Vice Chairman KK Sharma makes 757 times more than his employees.L&T comes in third with Chiarman AM Naik's remuneration being over 1,000 times the median pay in the company. For Vishal Sikka of Infosys it's 935 times and with Pawan Munjal of Hero Moto it's 755 times.
Incidentally, during financial year 2016, stocks of Tech Mahindra, Lupin and L&T, the top three companies on our list, traded lower between 25 to 29 percent. In the same period, shares of Hero Moto and Infosys gained 10 to 12 percent.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
