With business demand on the rise over the last couple of quarters, campuses across India are seeing recruiters swarming, looking for students to hire, many hiking salaries to attract quality talent. Fresher hiring provided a viable alternative to backfill attrition, improve their supply pipeline and also contain the rising cost of lateral hiring.īut, it might not be all smooth a ride, thanks to the 2021 campus hiring frenzy. Then came the pandemic, and demand and supply tilted in favour of the talent. In FY10, the CEOs of respective companies earned Rs 4.5 crore and Wipro’s joint CEOs Girish S Paranjpe and Suresh Vaswani Rs 2 crore and Rs 3.1 crore. HCL Tech CEO C Vijayakumar’s annual salary was Rs 32 crore and Wipro CEO Thierry Delaporte was the highest paid CEO with his salary standing at Rs 64 crore in FY21. Infosys’ CEO S Gopalakrishnan FY10 was Rs 1 crore, which now stands at Rs 49.68 crore. His successor Rajesh Gopinathan few Rs 20.36 crore in FY21. In FY10, its CEO N Chandrasekaran drew a salary of Rs 2.98 crore. Let us take the top four IT companies in India.
To put this in perspective, the CEO salaries for the top four IT companies have seen over 500 percent increase in compensation during the same period.
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