Saturday, Apr 27, 2024 | Last Update : 07:49 AM IST
Did Google's Sundar Pichai take only Rs 8.35 cr salary?
Pichai's total compensation package of $200 million comprises stock units worth $198.7 million.
Mumbai: Google Inc's India-born chief executive officer Sundar Pichai took home a huge $200 million or Rs 1,286 crore salary in FY17. Pichai's pay package for last year has occupied top places in media coverage since Google made it public.
But how much salary in cash Pichai took out of a total $200 million compensation he got at Google? According to reports, Pichai got stock units of worth $198.7 million. The cash element when calculated by discounting stock units gets reduced down to $1.3 million.
In 2015-16, Pichai got stock units worth $99.8 million as part of his total compensation.
The $1.3 million salary when converted into Indian rupees amounts to Rs 8.35 crore which is double the salary Pichai got last year which was Rs 4.17 crore.
Pichai took home $650,000 salary in 2015-16 that is slightly less than $652,000 he got in 2014-15. The cash component of $1.3 million in 2016-17 that is double the amount $650,000 given to Pichai in 2015-16 amounts to Rs 8.35 crore.
| Salary | 2014-15 | 2015-16 | 2016-17 |
| In USD | 652,000 | 650,000 | 200 million |
| In INR | 4.19 cr | 4.17 cr | 1,286 cr |
| Source: Deccan Chronicle | |||
A further detailed calculation (see table) of Pichai's FY15 and FY16 salary packages reveals that he got Rs 4.19 crore salary in 2014-15 and Rs 4.17 crore in 2015-16 annual years. When converted into Indian rupees, $200 million compensation amounts to Rs 1,286 crore.
