Infosys CEO Salary: If Salil Parekh's salary is still 627 times more than the average salary of Infosys employees.New Delhi:
Infosys Chief Executive Officer (CEO) Salil Parekh's salary has declined. Infosys has released its annual report on Saturday. According to this, Salil Parekh's annual salary fell by 31 percent to Rs 2023.21 crore in the financial year ended March 56, 44, compared to Rs 71 crore in the previous financial year.
However, the report clearly shows that his salary during FY 2023 is still 627 times higher than the average salary of the company.
This is the biggest reason for the decline in salary
One of the main reasons for the decrease in annual salaries in FY 2023 is that they used only a few restricted stock units during this financial year. Salil Parekh's compensation (Salil Parekh renumeration) during FY 2023 includes stock options worth Rs 30.6 crore.
The average salary of Infosys employees is Rs 9 lakh.
If you compare Salil Parekh with the average salary of Infosys employees, then it is still 627 times higher. The average salary of Infosys employees is Rs 9 lakh.
Salil Parekh joined Infosys in January 2018. He has 30 years of experience working in the IT sector.