Company Person Pay ratio Remuneration (in Rs.
crores)(f)
Hero Motocorp Pawan Munjal 752 84.6
Shree Cements H.M. Bangur 659.8 41.75
Tech Mahindra C.P. Gurnani 618.46 3.56
Bajaj Auto Rajiv Bajaj 600 39.86
JSW Steel Sajjan Jindal 581 39.11
Hindalco Inds. Satish Pai 520.56 31.9
Infosys Salil Parikh 502 17.23
Wipro Abidali Neemuchwala 495 16.83
Bharti Airtel Sunil Bharti Mittal 428.94 30.13
Eicher Motors Vinod K. Dasari 398.8 24.61
Cipla Umang Vohra 378 10.96
Bajaj Finance Rajeev Jain 373.22 17.5
Larsen & Toubro S.N. Subrahmanyan 316.85 27.18
Brittania Inds. Varun Berry 288.79 9.79
Dr Reddy’s Laboratories G.V. Prasad 283 14.38
HDFC Bank Aditya Puri 282 18.92
UPL Rajnikant Shroff 235 13.7
UltraTech Cement K.K. Maheshwari 217.22 20.83
TCS Rajesh Gopinathan 214.65 13.37
Tata Motors Guenter Butscheck 198.77 16.44
Grasim Inds. Dilip Gaur 169.63 7.48
ITC S. Puri 168 7.58
Hindustan Unilever Sanjiv Mehta 151 16.22
Nestle India Suresh Narayanan 140 16.17
Adani Ports SEZ Malay Mahadevia 134.4 11.2
IndusInd Bank Romesh Sobti 130 5.65
HDFC Keki M. Mistry 127 15.4
Bharti Infratel Akhil Gupta 124.98 8.9
Kalyanasundaram 121.86 6.05
Sun Pharma Subramanian
M&M Pawan Goenka 111.44 10.03
ICICI Bank Sandeep Bakhshi 111 5.7
Tata Steel T.V. Narendran 105.1 11.22
HDFC Life Insurance Vibha Padalkar 99.91 4.94
Axis Bank Amitabh Chaudhry 92.2 6
Titan Company Bhaskar Bhat 86.65 6.23
Zee Entertainment Punit Goenka 78.42 9.02
HCL Tech Shiv Nadar 46.86 4.73
Bajaj Finserv Sanjiv Bajaj 46.28 10.82
Kotak Bank Uday Kotak 42.68 2.65
Maruti Suzuki Kenichi Ayukawa 39.07 4.67
N CF x(median salary) |x-mean| Mean
663.31 84.6 0.1125 0.03908889196387
N/2 126.35 0.06327675053 0.01013435750567 Mean deviation about mean
331.655 129.91 0.005756233224 0.06765487481167
169.77 0.066433333333 0.0069777747028
208.88 0.067314974182 0.00609613385369 Standard Deviation
240.78 0.061280159828 0.01213094820826
258.01 0.034322709163 0.03908839887279
274.84 0.034 0.03941110803613
304.97 0.070242924418 0.0031681836178
329.58 0.061710130391 0.01170097764496
340.54 0.028994708995 0.04441639904143
358.04 0.046889234232 0.02652187380431
385.22 0.085781915733 0.01237080769686
395.01 0.033900065792 0.03951104224438
409.39 0.050812720848 0.02259838718808
428.31 0.067092198582 0.00631890945457
442.01 0.05829787234 0.01511323569571
462.84 0.095893564129 0.0224824560924
476.21 0.062287444677 0.01112366335875
492.65 0.082708658248 0.00929755021209
500.13 0.04409597359 0.02931513444656
507.71 0.045119047619 0.02829206041709
523.93 0.107417218543 0.03400611050691
540.1 0.1155 0.04208889196387
551.3 0.083333333333 0.0099222252972
556.95 0.043461538462 0.0299495695746
572.35 0.12125984252 0.04784873448355
581.25 0.071211393823 0.00219971421312
587.3 0.049647136058 0.02376397197836
597.33 0.090003589375 0.01659248133931
603.03 0.051351351351 0.02205975668478
614.25 0.10675547098 0.03334436294388
619.19 0.04944450005 0.02396660798609
625.19 0.065075921909 0.00833518612724
631.42 0.071898442008 0.00151266602806
640.44 0.115021678143 0.0416105701072
645.17 0.100938967136 0.02752785910002
655.99 0.233794295592 0.16038318755591
658.64 0.062089971884 0.01132113615235
663.31 0.119529050422 0.04611794238618
0.073411108036
0.073411108
sum|x-mean|/N
0.0271341035824628
squareroot of {(x-mean)(x-mean)/N}
SD^2
0.0372804655620909
