Info-tech

TCS CEO Rajesh Gopinathan gets a 28 per cent pay hike to Rs 16 crore

Varun Aggarwal Mumbai | Updated on May 17, 2019 Published on May 17, 2019

Rajesh Gopinathan, MD and CEO, TCS

Gopinath's compensation stood at 262.3 times the median salary of a TCS employee

India's largest software exporter Tata Consultancy Services (TCS) hiked the pay package of its Chief Executive Officer (CEO) Rajesh Gopinathan by 28.3 per cent last fiscal to over Rs 16 crore.

According to TCS' annual report, Gopinathan’s compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances — all of which added to a remuneration of Rs 16.02 crore. In 2017-18, his compensation was Rs 12.49 crore.

Gopinath's compensation stood at 262.3 times the median salary of a TCS employee. The company also revealed that the average annual appraisal given out during the year was at 6 percent.

TCS chief operating officer N Ganapathy Subramaniam earned over Rs 11.61 crore in FY19, compared to Rs 9.29 crore in the previous fiscal. His pay package swelled 24.9% during the period.

Ramakrishnan V, TCS’s Chief Financial Officer (CFO), took home a Rs 4.13-crore package in FY19.

Published on May 17, 2019
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