TCS CEO Salary: The salary of the CEO of this Tata group company is in crores, you will be surprised to know

Big companies of the world give hefty salaries to their top executives. Often the salary of such officers becomes a topic of discussion among the people. The latest case is about the salary of the CEO of the country’s largest IT company TCS. You will be surprised to hear the salary of the CEO of Tata Group’s software company.

Gopinathan got paid like this

Companies like TCS give various benefits to their top executives. These include basic salary, allowances, commission etc. Talking about TCS CEO Rajesh Gopinathan, he got a total of Rs 25.75 crore during the financial year 2021-22. This includes salary of Rs 1.5 crore, allowances and other benefits of Rs 2.25 crore and commission of Rs 22 crore. During the financial year 2021-22, Gopinathan got 26.6 per cent more payment than a year ago.

This is how TCS gives money

TCS has told in its annual report that it Pays salary, allowances and other benefits and commission etc. to its Managing Director and Executive Directors. In this, allowances and other benefits are fixed, while commission is variable. Variable pay is also known as performance pay. It depends on the financial performance of the company. If the company makes more profits, then the executives get more money.

Five years extension

Rajesh Gopinathan holds a degree in Electrical and Electronics Engineering from NIT Trichy. He has also done PG-Diploma in Management from IIM Ahmedabad. He is credited with getting TCS included in Fortune’s list of Preferred Partners 500 companies. The company this month appointed Gopinathan as managing partner and chief executive officer for five more years. His tenure has been extended from 21 February 2022 to 20 February 2027.

This week’s achievement

TCS is India’s second largest listed company and the largest IT and software company Is. TCS has been named by American magazine Forbes in the prestigious list of America’s Best Large Employers this week. According to BSE, the market capitalization of TCS is currently around Rs 12.19 lakh crore. Currently, the total employee strength of TCS is around 5.30 lakh.

Also read: Such a deal did not happen for the first time, even on these occasions companies were sold for less than Rs 100

Elizabeth Chambers Talks Armie Hammer Scandal ‘Trauma’ in Grand Cayman Trailer

Elizabeth Chambers knows all too well what it's like to have trouble in paradise. In the new trailer for the ...

Bruce Springsteen and Maggie Rogers Join Zach Bryan on Stage in Brooklyn — Watch!

Zach Bryan had some surprises in store for New Yorkers. On Wednesday night, the country star, 27, invited Bruce Springsteen ...

Sheryl Crow Thinks Taylor Swift Is ‘a Powerhouse’

Sheryl Crow is singing her praises of Taylor Swift. In a recent interview with Esquire in which the folk-pop icon, ...

All About Bronny James and His Relationship With His NBA Star Father

LeBron James' firstborn, Lebron “Bronny” James Jr., is quickly becoming a household name in the basketball world just like his famous ...

Tom Cruise split from Elsina Khayrova over concerns about ex

Tom Cruise split from his Russian socialite girlfriend in order to avoid issues with her outspoken oligarch ex, a source tells ...

Sheryl Crow Thinks Taylor Swift Is ‘a Powerhouse’

Sheryl Crow is singing her praises of Taylor Swift. In a recent interview with Esquire in which the folk-pop icon, ...

Paul McCartney, 81, and wife Nancy Shevell, 64, enjoy the ocean on beach vacation in St. Barts

Here comes the Caribbean sun. Paul McCartney and his wife, Nancy Shevell, went for a dip in the Caribbean Sea ...

‘The Bachelor”s Daisy Kent Plans to Give Away Her Finale Dress

Daisy Kent has big plans for her Bachelor season finale dress.  In an Instagram video shared on Thursday, the Minnesota ...

Minnesota Timberwolves Owner Denies Alex Rodriguez’s Bid for Stake in Team

Minnesota Timberwolves owner Glen Taylor announced that the option for minority owners Alex Rodriguez and Marc Lore has expiredTaylor alleged ...

Brittany Snow Says Ex Tyler Stanaland’s ‘Selling the OC’ Costars Took Up Her ‘Energy and Attention’

Brittany Snow opened up about her divorce from ex-husband Tyler Stanaland on Wednesday's episode of the Call Her Daddy podcastSnow ...

Leave a Comment