Let me provide you with a detailed answer about the salary of the Google CEO, Sundar Pichai.
Sundar Pichai was appointed as the CEO of Google in the year 2015. Since then, he has been one of the highest-paid executives in the tech industry. According to various media reports, Pichai earned a staggering salary of over $1 billion every year between 2015 and 2020. Now, that’s an impressive figure!
However, it’s important to note that this figure includes not just his base salary but also other forms of compensation such as stock awards and bonuses. Pichai’s base salary is reported to be $2 million, which roughly converts to around Rs 20 lakh in Indian currency. This base salary may seem relatively modest compared to his total compensation, but it is still a substantial amount by any standards.
The majority of Pichai’s earnings come from stock grants and bonuses. As the CEO of Google, he is entitled to receive stock awards as a part of his compensation package. These stock awards are usually tied to the company’s performance and are given over a period of time, subject to certain conditions. As Google is a part of Alphabet Inc., Pichai’s stock awards are linked to the performance of Alphabet’s stock.
It’s worth mentioning that Pichai’s compensation is not solely determined by his salary or stock awards. Like many other CEOs, he also receives various other benefits and perks as part of his employment contract. These may include things like healthcare benefits, retirement plans, and other allowances.
It’s important to keep in mind that executive compensation, especially at the level of CEOs, is often a subject of debate and scrutiny. Critics argue that CEO salaries have become disproportionately high compared to the average worker’s pay and that they contribute to income inequality. On the other hand, proponents argue that CEOs are responsible for making critical decisions that drive the success and growth of their companies, and their compensation is reflective of their skills and contributions.
Sundar Pichai, as the CEO of Google, has been earning a significant salary, with reports suggesting that he earned over $1 billion annually between 2015 and 2020. While his base salary is $2 million, the majority of his earnings come from stock grants and bonuses. It’s important to consider the various factors and perspectives involved when discussing executive compensation.