IT Company CEO Salary: The rapid growth that the IT sector has achieved in India is a matter of pride for the country. The executives of these IT companies have also earned very good salaries and most of the IT companies are named among the companies offering the most attractive salary packages in the country. The handsome salary packages of executives of India's leading IT companies like Tata Consultancy Services, Infosys, Wipro, Tech Mahindra, HCL etc. become a topic of discussion every now and then. Today we will tell you which CEO of IT company is getting the lowest salary in the country and which CEO is taking the highest salary.
TCS CEO Kritivasan gets this much salary
Among the IT firms of the country, K Krittivasan, CEO of Tata Consultancy Services i.e. TCS, is currently taking the lowest salary among the top IT firms. K Kritivasan will get Rs 25.36 crore as annual income in the year 2024. The company has given this information in its annual report. K Krithivasan is the CEO and Managing Director of TCS, but according to the information given by the company, the amount given to him as total income was less than the annual package of the company's Chief Operating Officer (COO) N Subramaniam for the financial year 2024. Is.
What's included in Krittivasan's salary package?
Apart from the basic salary, company benefits, allowances and commission are also included in the pay check of K Kritivasan. According to the annual report of TCS, in the financial year 2024, the CEO of TCS earned Rs 21 crore as commission. However, this amount does not include Employee Stock Purchase Scheme (ESPS) and he holds about 11,232 TCS shares.
What is the salary of CEOs of other IT companies?
However, the annual reports of other IT companies for the financial year 2024 have not yet come. According to the information for the financial year 2023, Infosys CEO Salil Parekh received the highest amount among the IT firms of the country and it was a total of Rs 56 crore. After this, there is the newly appointed CEO of Wipro, Srinivas Palliya, who will get around Rs 50 crore as salary. HCL CEO C Vijayakumar received Rs 28.4 crore as annual package in FY 2023, while Tech Mahindra CEO Mohit Joshi received the same amount as annual variable pay, totaling Rs 6.5 crore.
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