What does an average Infoscian earn?

Murthy has said senior executives should take pay cuts to save the jobs of youngsters

graph
graph
Sundaresha Subramanian
Last Updated : Jun 02 2017 | 12:39 AM IST
Infosys founder N R Narayana Murthy has said senior executives should take pay cuts to save the jobs of youngsters. Giving the example of how Infosys tackled this problem in 2001, when the market shrunk, Murthy said the company could protect the jobs of youngsters.

Business Standard read through Infosys’ latest annual report to examine its staff numbers in this context. If one looked at a simple average of its mammoth staff cost of Rs 30,944 crore in FY17, spread across its workforce of about 200,000, this was a handsome Rs 15 lakh per head. 

But, the more appropriate number of median remuneration stood at Rs 5.65 lakh, bringing out the top-heavy structure. 

Here’s a look at what the top Infoscians, eligible for benefits like stock compensations, earned vis-à-vis what the average Infoscian earned. 

graph







 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story