The thumb rule is 5 billion of USD in revenue or valuation demands a price of a million to million and a half ( Rs 100 million or RS 10 crore) to be paid to the CEO.
Fixed pay is 50-60 per cent. The balance is variable pay. It accrues on achievement of 100 per cent performance related to goals of finance and other qualitative measures such as innovation, implementation of the best practices, grooming leadership, environmental conservation and so on.
Variable pay has two components — cash component paid at the end of the year and stock component paid as stock or deferred cash with at least three years vesting or deferment respectively.