How Indian Companies Are Winning the War for Executive Talent

How Indian Companies Are Winning the War for Executive Talent

In India’s corporate boardrooms, the ₹50 lakh salary package once symbolised a significant executive milestone, a badge of elite leadership. But in 2025, it’s no longer an exception. It’s the expectation. As industries evolve, business models shift, and startups mature into scaled operations, India’s CXO market has transformed. Hiring a Chief Executive Officer, Chief Marketing Officer, or Chief Operating Officer is no longer just about identifying a capable resume, it’s about offering a compelling value proposition that aligns leadership with vision, autonomy, and long-term wealth creation. 

The Shifting Ground Beneath Executive Compensation 

A new benchmark is being set across Indian industries. According to Deloitte’s Executive Performance and Rewards Survey 2025, the median pay for a non-promoter CEO in India has crossed ₹10 crore, with variable incentives and long-term benefits forming more than 60% of the total package. For CXOs across finance, technology, HR, and strategy, the ₹3–5 crore range is becoming increasingly common, with ₹50 lakh packages marking entry-level leadership roles in high-growth organisations. But beyond the numbers, the structure of these packages is more telling. Increasingly, Indian firms are moving towards performance-linked pay, equity-based compensation, and contract-driven mandates with clearly defined KPIs. This means ₹50 lakh is just the beginning, not the destination. 

What the Modern CXO Truly Wants 

Cash alone doesn’t close the deal anymore. Today’s top executives especially those being wooed from successful stints at unicorns, MNCs, or even legacy corporations are looking for more. Take the example of Razorpay. When the fintech firm recently restructured its leadership team, it wasn’t the salary that attracted new CXOs it was the promise of meaningful ESOPs, strategic influence, and a product-first, founder-friendly culture. Similarly, Zepto, the quick-commerce disruptor, managed to pull top talent from global FMCG giants by offering CXOs real skin in the game through structured equity grants and clear execution authority. Across the board, the message is clear: vision and ownership matter just as much as valuation and cash. 

Flexibility, Purpose and the Rise of Fractional CXOs 

Another trend sweeping the Indian executive hiring landscape is the rise of fractional CXOs senior leaders who divide their time across two or more organisations, often on a project or outcome basis. This model, popularised by platforms like FlexiBees and CFOBridge, allows companies to access high-calibre leadership at ₹50–75 lakh annually, without committing to a full-time hire. Fractional roles are especially prevalent in sectors like SaaS, consumer tech, and fintech where execution speed is critical, but burn control is equally important. It’s not uncommon to find a fractional CMO leading brand transformation for a D2C brand while consulting for a B2B SaaS player on the side, and earning more than a full-time ₹1 crore CMO without the constraints of bureaucracy or hierarchy. 

Case in Point: From Boardroom to Battlefield 

Large conglomerates are also adapting. Tata Digital, for instance, didn’t just offer competitive compensation when building the team behind Tata Neu, it offered legacy leadership the chance to work in a startup environment with the backing of a $300 billion enterprise. The blend of security and scale with entrepreneurial ambition proved to be the real differentiator. Similarly, Infosys has made strategic lateral CXO hires for its GCC innovation and AI strategy verticals, drawing leaders from both Indian startups and Silicon Valley, offering a mix of global impact and India-driven execution backed by structured variable pay, hybrid work models, and leadership visibility. 

The Real Cost of a Great Hire in 2025 

Companies often underestimate what it takes to hire and more importantly, retain an effective CXO. While ₹50 lakh may seem substantial on paper, it pales in comparison to the cost of poor leadership, misaligned goals, or high attrition at the top. The real cost of a great CXO isn’t just in rupees it’s in strategic alignment. The best candidates are evaluating offers not just for compensation, but for: 

  • The quality of the leadership team 
  • Freedom to make decisions 
  • Speed of execution 
  • Long-term equity upside 
  • Clarity of purpose 

Conclusion: It's Not About Salary, It's About Strategy 

In 2025, hiring a ₹50 lakh CXO in India means far more than filling a position. It’s about investing in vision, clarity, culture, and performance. It’s about building leadership that doesn’t just manage, but transforms. Because the companies that will lead India’s next wave of innovation, expansion, and global competitiveness are not the ones paying the most they’re the ones building the strongest leadership bench. And in that game, ₹50 lakh is just your ticket to the table. 

This is also where experienced recruitment consultants play a mission-critical role.  In a market flooded with resumes but starved for strategic talent, recruitment partners act as trusted advisors, not just sourcing profiles but shaping mandates, defining value propositions, and ensuring culture fit at the highest levels. Whether it’s securing a unicorn’s next Chief Growth Officer or helping a legacy firm navigate leadership transition, recruitment consultants are no longer intermediaries. They are architects of executive success. Their insight into market benchmarks, passive talent, and leadership psychology makes them indispensable allies in the high-stakes game of CXO hiring. Because when the cost of a bad hire is measured not in lakhs but in lost market share having the right partner can make all the difference. 

Russell P.

Building High-Growth Tech Businesses Across MEA | Fractional CSO | COO / Country Manager / GM / VP – Sales & GTM | Enterprise Software, AI & Cloud | CXO Engagement | Market Expansion | P&L Leader

1mo

Insightful piece, Raghav. In today’s landscape, ₹50L or $$$$$$$ isn’t the finish line! It’s the baseline to attract leaders who bring clarity, momentum, and ownership. As someone who’s scaled businesses across GCC and Africa, I’ve seen this firsthand: what truly retains CXOs is not just the paycheck, but the freedom to execute, strategic alignment, and shared growth vision. This is also where fractional and strategic CXO models are gaining ground, especially for high-growth companies seeking flexibility without compromising on leadership impact. Because in the end, it's not about hiring a title, it's about enabling transformation.

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Dr. Parvinder Singh

Educationist and Consultant

1mo

Thanks for sharing, Raghav

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Shambhu Kant Pankaj

Financial Transformation Professional | Cross-Border M&A | Turnaround & Value Creation Specialist | Capital Efficiency Expert | Industrial & Automotive Manufacturing | Independent Director | CA |

1mo

Thanks for sharing, Raghav Choudhary. Insightful analysis on changing hiring trends! As compensation evolves, it’s interesting how fractional CXOs could bring diverse expertise to the table and with such dynamic shifts, how traditional leadership model adapts.

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