11 highest-paid execs of Indian IT

After nearly two sluggish years, IT salaries saw an upward trend across most organisations in 2011. Fighting rising attrition, most IT companies in the country doled out double digit salary hikes to a large part of their employee base. TCS offered 12-14% salary hike, its highest in three years. Wipro too gave hikes between 12 to 15 per cent for its India-based staff and 3 to 4 per cent for employees working at client locations. Wondering how were the salaries of top execs during the year? How much did the top honchos of the country's biggest IT cos recieved during the year? Here's a look into the pay packets of the top brass at Indian IT giants.

Azim Premji, Chairman, Wipro
Total calculated compensation: Rs 11,184,773
  Annual compensation : Salary: Rs 3,000,000
All other compensation: Rs 8,184,773
Total compensation
Total annual cash compensation: Rs 11,184,773
Total short term compensation: Rs 3,000,000
Other long term compensation: Rs 8,184,773


Suresh C Senapaty, CFO, Wipro
 Total calculated compensation: Rs 18,378,883
Annual compensation
Salary: 3,600,000                                                 
Total annual compensation: Rs 3,600,000
All other compensation: Rs 14,778,883
Total compensation
Total annual cash compensation: Rs 18,378,883
Total short term compensation: Rs 3,600,000
Other long term compensation: Rs 14,778,883


TK Kurien, Wipro, CEO
Total calculated compensation: Rs 18,881,926
Annual compensation                                                                
Salary: Rs 5,449,000
All other compensation: Rs 13,432,926
Total compensation
Total annual cash compensation: Rs 18,881,926
Total short term compensation: Rs 5,449,000
Other long term compensation: Rs 13,432,926

N Chandrasekaran, CEO and MD, TCS
                                               


Salary: Rs 60.96 Lakh
Benefits, perquisites and allowances: Rs 69.43 lakh Commission: Rs 400 lakh


 




S Mahalingam,CFO and executive director, TCS

Salary: Rs 45.72 lakh                     
Benefits, perquisites and allowances: Rs 43.86 lakh
Commission: Rs 195 lakh


NR Narayana Murthy, co-founder, chairman Emeritus, Infosys
Total calculated compensation: $137,500












V Balakrishnan, CFO, sr VP             
Total calculated compensation: $585,409
Salary: $83,668
Bonus: $373,359
All Other Compensation: $128,382
Total annual cash compensation: $585,409
Total short term compensation: $457,027
Other long term compensation: $128,382

S Gopalakrishnan, co-founder, executive co-chairman, Infosys Total calculated compensation: $249,184                                              
Salary: $76,561
Bonus: $127,642
All other compensation: $44,981
Total annual cash compensation: $249,184
Total short term compensation: $204,203
Other long term compensation: $44,981



SD Shibulal, co-founder, MD and CEO, Infosys
Total calculated compensation: $242,815                                                             
Salary: $75,549
Bonus: $124,391
All other compensation: $42,875
Total annual cash compensation: $242,815
Total short term compensation: $199,940
Other long term compensation: $42,875

K Dinesh, co-founder, Infosys       
Total calculated compensation: $248,043                                   
Salary: $76,561  
Bonus: $127,642
All other compensation: $43,840
Total annual cash compensation: $248,043 Total short term compensation: $204,203
Other long term compensation: $43,840
Vineet Nayar, Vice Chairman, CEO, HCL
Total calculated compensation: Rs 76,000,000
Salary: Rs 20,000,000
Total annual compensation: Rs 20,000,000
All other compensation: Rs 56,000,000

Figures courtesy: Bloomberg BusinessWeek