TCS defies tech-sector inertia: Top execs see salary hikes in FY23

Rajesh Gopinathan, who stepped down from the role of CEO and MD of TCS, saw his total remuneration go up 13.17 per cent for 2022-23 (FY23)

At a time when salaries of the top management of India’s two largest information technology (IT) services have seen erosion, the leadership at Tata Consultancy Services (TCS) has seen just the opposite.

Rajesh Gopinathan, who stepped down from the role of chief executive officer (CEO) and managing director of TCS — India’s largest IT services firm — saw his total remuneration go up 13.17 per cent for 2022-23 (FY23). He received a total package of Rs 29.16 crore.

Gopinathan’s total compensation package comprised a salary of Rs 1.73 crore; benefits, perquisites, and allowances were Rs 2.43 crore; and commission Rs