TCS CEO salary
I am just curious to know, how much the CEO of TCS is making. I mean, TCS is a huge company and TATA is known for being ethical and everything. So, the CEO must be making a lot more than the contemporaries in other companies like Infosys. Does anyone know the TCS CEO's salary?
As the CEO of Tata Consultancy Services, K. Krithivasan receives an approximate net base salary of ₹22 million to ₹25 million per year with the addition of outside benefits and bonus payments that can greatly increase the total earnings.
TCS is a large conglomerate in the field of information technology, and the packages of the TCS CEO salary will vary. For example, the package of compensation for the chief executive officer of Infosys will vary from other such packages as it will sometimes depend on the performance of the company, the economy and ethical issues. On the other hand, TCS does not have a harsh policy on each individual's pay and ensures their fairness by making sure the salaries are ethical compared to the overall industry expectations.
TCS is one of the most popular IT companies in India. For a contract assignee, the average income in TCS is INR 1.2 Lakhs and that for a Center Head is around INR 85.3 Lakhs. When it comes to the TCS CEO salary, the package is INR 25.36 crore. K Krithivasan is the CEO of Tata Consultancy Services. Though he has 1around 11,232 shares in the organisation, his remuneration doesn’t include the ESPS or the employee stock purchase scheme. His salary package comprises a base pay of INR 10.6 lakh per month, a commission of INR 21 crore and other allowances of INR 3.08 crore.
The TCS CEO salary changes over the years. Rajesh Gopinathan was the former CEO at TCS in 2017-2021, was paid between ₹15 million and ₹20 million per annum, including bonuses and other perks. K. Krithivasan the current CEO of TCS, has a salary range of ₹22 million to ₹25 million per annum performance-based salary is also paid remuneration which increases total earnings. This pay scale shows how TCS approaches its principles of ethical management by governance focusing on performance and shareholder value.
The TCS CEO salary plays an important role in hiring and keeping the best talent in the market. The performance incentives help in synchronizing the leadership’s goals with that of the organization. This is indicative of the organization’s belief in ethical governance which builds trust with the investors and other parties. Furthermore, the pay level of the Chief Executive Officer acts as a guiding principle for other compensation standards within the same sector
The CEO of the Tata Consultancy Services (TCS) is K Krithivasan. He earned a total compensation of INR 25.36 crore in the FY 2023-24. In this package, his basic pay would be INR 1.27 crore or INR 10.6 lakhs per month. Other than the base pay, the TCS CEO salary also comprises a handsome commission of around INR 21 crore. If you take additional benefits and allowances into consideration, the amount would be INR 3.08 crore. Competing with other IT companies, this was the lowest salary of the CEO of them all. The salary of Krithivasan does not include the employee stock purchase scheme (ESPS).
Discover More
Curated from across