India, March 9 -- According to media reports, Alphabet, Google's parent company, approved a new compensation package of nearly $700 million (yes, $700 million) for Sundar Pichai, its chief executive. This is the money he may earn over the next three years, and the "figure places him among the highest-paid CEOs in the global tech sector." Of course, the amount will not be paid as a traditional salary, like you and I earn at the end of the month. Most of it, maybe a majority, is made up of stocks, and linked to the company's performance over the next three years. Specific milestones, as mentioned in the contract, if achieved, will trigger allotment of a specific number of stocks. If every milestone is achieved, and given the current stock p...
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