Microsoft links executive compensation to security
In response to a string of security lapses and breaches, Microsoft has announced a significant overhaul of its security measures, with executive pay now linked to security performance.
A surge in compensation for Independent Directors, with 151 joining the crore club
In FY23, India's 10 highest-paid independent Directors, four of them women, earned anywhere between Rs 3.21 crore and Rs 6.74 crore, while the number of Independent Directors earning more than Rs 1 crore increased from 67 in FY18 to 151 in FY23.
Independent Directors’ Compensation doubled in last five years
Compensation for Independent Directors at India's leading blue-chip companies has significantly increased as their roles become more challenging due to growing business complexities, heightened stakeholder scrutiny, and stricter regulatory requirements.
Independent Director’s compensation getting linked with contribution: Grant Thornton Report
Grant Thornton examined director compensation levels and practices at more than 1,500 Russell 2000 Index companies.
