This makes a like-to-like comparison across countries difficult. That is the only company that would make the list.īesides, CEOs are compensated in other ways, including with company stock, dividend payouts and other benefits. The market cap of the largest Indian company (Tata Consultancy Services) recently hit $83.12 billion. The market cap of the 100th global corporation by size is $81 billion. In this PwC study of the top 100 global corporations by market cap, 46 are US companies. Depending on the job at hand, of course, it can be a pretty decent amount that is enough to sustain a good way of life and afford more than the essential needs of a family. For a Filipino worker, a US 500 monthly salary is not slavery. India’s top corporations are dwarfs compared with large US corporations. A US500 average salary for BPO employees is NOT slavery. This is of course not to say that this should be the case. This means that to be making a salary comparable with their US counterparts, top Indian CEOs should be making about Rs33 crore, or three times the current level. This means that it costs Rs20 in India to buy what will cost you a dollar (Rs60) in the US. In the case of India, the value has remained unchanged at 0.3 since 2009. The value for any country in the index means that it takes that many dollars in that country to buy the basket of goods you can buy in the US with one dollar. The World Bank publishes a purchasing power parity index for all the countries in the world, denominated to the US dollar.
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