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Indian IT company CEO’s pay jumps 88% over the previous year to $10.2 million

I work in IT, and I have worked with Infosys employees in the past. A friend based in India sent me this. Infosys is an India-headquartered IT company and is one of the WITCH companies(Wipro, Infosys, Tata Consultancy Services, Cognizant, and HCL) whose India-based IT workers are paid the least in the industry. These companies have hired American workers too by setting up offices here. But local hiring might just see a dip this year as the decline of the pandemic means that more H1-B visas will soon be approved. For the record, all of these companies hire college graduates in India at just $4400 per annum as the starting salary, and this pay level has remained unchanged since 2009. https://www.moneycontrol.com/news/business/infosys-ceo-gets-88-pay-hike-salary-jumps-from-rs-42-crore-to-rs-79-crore-per-annum-8579611.html With this pay hike, Salil Parekh's pay will be nearly 900 times that of the median pay in Infosys.


I work in IT, and I have worked with Infosys employees in the past. A friend based in India sent me this. Infosys is an India-headquartered IT company and is one of the WITCH companies(Wipro, Infosys, Tata Consultancy Services, Cognizant, and HCL) whose India-based IT workers are paid the least in the industry.

These companies have hired American workers too by setting up offices here. But local hiring might just see a dip this year as the decline of the pandemic means that more H1-B visas will soon be approved.

For the record, all of these companies hire college graduates in India at just $4400 per annum as the starting salary, and this pay level has remained unchanged since 2009.

https://www.moneycontrol.com/news/business/infosys-ceo-gets-88-pay-hike-salary-jumps-from-rs-42-crore-to-rs-79-crore-per-annum-8579611.html

With this pay hike, Salil Parekh's pay will be nearly 900 times that of the median pay in Infosys.

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