The number of women C-suite executives earning more than $1 million annually has risen to nine from seven two years ago, with domestic companies leading the trend as corporate India places greater emphasis on diversity and professional leadership talent, according to a TOI report by Rupali Mukherjee.
According to an analysis of BSE 200 companies by executive search firm EMA Partners, a majority of women executives in the million-dollar compensation bracket are employed by Indian companies, with the pharmaceuticals and consumer goods sectors accounting for the largest share. The study considered annual compensation, including fixed pay, bonuses, variable compensation and exercised stock options, exceeding $1 million as the benchmark.
