HCL Tech mentioned in its annual report that C Vijayakumar who was appointed as CEO and president in October 2016 and completed his full term, earned Rs 33.13 crores in the financial year 2017-2018. However, this income is not directly from HCL Technologies, but he received it through a subsidiary.
Also Read: Look How Much Salary Top Indian CEOs Took Last Year! The Figures Will Make You Jealous!
HCL Salaries
HCL chairman Shiv Nadar’s compensation dropped 66.25% in the last fiscal year to Rs 1.64 crore, the report said. A total of 28 employees as compared to 23 last year, were paid a salary of more than Rs 1 crore in HCL, with senior executives like Ajit Krishnakutty Kumar, Apparao VV, Maninder Singh Narang amongst the highest paid. While HCL’s chairman Shiv Nadar’s compensation dropped by 66.25% in the last financial year to Rs 1.64 crore.
Other Players
- Vishal Sikka, former Infosys CEO earned about Rs 13 crore in FY18.
- The current CEO of Infosys Salil Parekh, who took over as Infosys CEO in January 2018, is expected to get an annual remuneration of around Rs 16.25 crore with an equal amount in equity.
- Abidali Neemuchwala’s (Wipro) annual compensation was Rs 18.2 crore in the financial year 2018
- Rajesh Gopinath, CEO Tata Consultancy earned Rs 11.02 crore, with 1.02 as salary and Rs 10 crore in incentives.
But the kind of stress and overworked these people are, with a huge baggage of responsibilities on their shoulder of running these big IT giants, probably these salaries are justified.
