Infosys Just Gave Its CEO a 22% Raise - 752x The Median Salary | Front Page
AI Summary
Infosys has granted its CEO, Salil Parekh, a significant 22% salary increase, elevating his total compensation for FY25 to ₹80.6 crore—an astounding 752 times the median salary of Infosys employees. This decision comes at a challenging time for the company, which is implementing hiring freezes, tightening variable pay, and laying off numerous freshers from its Mysuru campus. The episode discusses the stark disparity between the rising salaries of executives and the diminishing job prospects for entry-level workers, urging reflection on corporate priorities and equity in India’s IT sector during a transformative era.