Infosys vs founders: Vishal Sikka's 'good reason' clause is global practice

Infosys Chief Executive Officer (CEOs) Vishal Sikka may be able to protect up to 90 per cent of his annual compensation package, or nearly $10 million, if he exercises the ‘good reason’ clause in his employment contract but not many CEOs in India Inc have that option. 

HR experts and head hunters say the ‘good reason’ clause is a global practice that Indian companies are just about opening up to while scouting for top talent internationally. Most companies still prefer to offer up to six months of severance pay to departing senior executives.

‘Good reason’ defines the circumstances under which