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Research Methodology              INR 100 that men senior executives
        With the purpose of achieving     make.
       an understanding of executive       •   As women advance in their
       compensation  plans  along  with  jobs, the pay gap between the
       how gender pay gap affects them, a  sexes deepens along with the
       descriptive research methodology  compensation benefits.
       has  been  used.  As  a  result  of  the   •   The salary inequality between
       research  only  secondary  data    men and women widens with every
       have been observed and analyzed.   level of responsibility.
       Qualitative and quantitative data has
       been collected from primary sources   •   The pay disparity between men
       such as books, journals, websites,   and women in jobs with identical
       case study etc. an understanding   responsibilities  is  only  2.2%  at  the
       and  findings  of  sources  has  been   individual contributor level, but it
       identified and elaborated in this case.   expands for managers/supervisors,
       In order to conduct its methodical   directors, and executives.
       inquiry, secondary research relies on   •      Additionally,  there  may  be
       the  findings  of  aggregate  primary   disparities in how men and women
       research data. Therefore, the      negotiate pay based on their
       quality of data produced by primary   respective gender attributes.
       research in respect to the research
       setting will have a stronger impact   •   Environmental, social, and
       on the outcome of your study.      governance (ESG) measures that are
                                          not  financial  are  frequently  used.
        Analysis and findings             Examples include commitments

        •   Compared to the percentage    to diversity, equity, and inclusion,
       of the number of women on the      waste reduction, and climate
       board of directors, they hold      change.
       disproportionately fewer senior     •   Pay incentives provide a
       executive and top management       greater emphasis on long-term
       roles.                             outcomes. Over 60% of total direct
        •   The average salary awarded to   remuneration is frequently made
       WSE is INR 1.91 crore, and the     up of long-term incentives like stock
       average compensation provided to   options.
       MSE is INR 2.24 crore.              •   Companies have reduced CEO
        •   On average, women senior      perks, particularly those that could
       executives make INR 85 for every   anger  shareholders,  like  lavish


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