New Delhi: Google CEO Sundar Pichai has reportedly received a pay hike and will receive an annual take-home salary of USD 2 million, stated a report. This is a significant rise when compared to his earlier annual take-home pay of USD 6,50,000.
As per Alphabet’s filing with the United States Securities and Exchange Commission, Pichai is also entitled to receive USD 120 million in time-based stock options, added the report.
It must be noted that Pichai was recently appointed as the Chief Executive Officer of Google’s parent company Alphabet Inc. This development had come after Google co-founders Larry Page and Sergey Brin stepped down as the CEO and the President of Alphabet Inc. respectively.
Ever since Pichai took the broader role as Alphabet’s CEO, he was reported to be facing a lot of challenges including employee ‘dissent’. The employees of Google have expressed dissatisfaction over the company’s policies and projects that clamps down on dissent. For instance, Google has reportedly fired five of its employees, who staged protests, for violating certain employee policies enlisted by the company.