Tata Consultancy Services (TCS), India’s largest IT services provider, increased its chief executive officer’s salary by 26.52 per cent for the Financial Year 2021-22 (FY22). Rajesh Gopinathan received a total compensation Rs 25.75 crore, an increase of 26.6 per cent, according to the company’s annual report for FY22.
N Ganapathy Subramaniam, chief operating officer, received a compensation package of Rs 20.69 crore in FY22 up 29.3 per cent.
Average annual salary increase for TCS employees was in the range of 5-8 percent in India. However, during the course of the year, the total increase was approximately 10.5 percent after accounting