Google Sundar Pichai New Salary: Rs 6300 Crores?

One of the proudest exponents of India, Sundar Pichai, who is currently the CEO of Google has received a significant financial package from the company and let’s have a look into his story.

Alphabet Inc., the parent company of Google, has significantly increased the potential compensation package of its CEO, Sundar Pichai. According to recent reports, the total value of the package could reach $692 million over the next three years, making it one of the largest executive pay deals in the global technology industry.

When converted into Indian currency, the amount becomes extremely massive. With the US dollar trading at around ₹92 per dollar, the total package of $692 million is approximately ₹6,366 crore. This highlights the enormous scale of executive compensation in the global tech sector.

A large portion of Pichai’s compensation is linked to the company’s performance. The package includes performance stock units (PSUs) worth about $126 million, which will be awarded in two equal tranches.

These stock incentives are tied to Alphabet’s performance compared to companies in the S&P 100 index. If the company performs strongly and surpasses competitors, the payout could increase further, while weaker performance could reduce the final value.

Apart from this, the package also includes additional stock awards and incentives linked to Alphabet’s future growth initiatives. Pichai’s base salary remains relatively modest at $2 million per year, but most of his earnings come through stock based rewards.

Alphabet’s board believes the incentive structure will help retain Pichai and encourage long term growth. Under his leadership since 2015, the company’s market value has surged dramatically, making Alphabet one of the world’s most valuable technology companies.