Earlier while inviting applications for Sebi Chairman's post in late 2010, the government had said the selected person would get a monthly salary of 3 lakh.

However, there is one common trend for India and the U.S. – that is the regulator salaries being way below the pay packages given to CEOs of the companies they regulate.

While the U.S. has an average CEO salary of 11.5 crore, the same for Indian CEOs stand at about 6.3 crore, as per a study conducted by HR services provider Randstad India. The average CEO salary in Europe is 8.1 crore.

The study also revealed that private sector CEOs in India are compensated 21 times more than their public enterprise counterparts with the latter's average compensation pegged at around 0.3 crore.

In the case of salaries of public sector CEOs, benefits and perquisites provided to them by the companies were not included.

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