Indian IT CEO pay soars 160% in last 5 years, while fresher salary rises only 4%

CosmicTaco · 2024-12-24T08:29:20.805254+05:30

- Indian IT CEOs saw a 160% salary surge in the last five years, while fresher salaries rose only 4%. - Widening pay gap: CEOs earned up to 1,702 times more than freshers at top firms like Wipro and Tech Mahindra. - Experts criticize the disparity, calling for better compensation for entry-level employees amid high inflation and living costs. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/indian-it-ceo-pay-soars-160-in-last-5-years-while-fresher-salary-rises-only-4-data-12895738.html)

Indian IT CEOs saw a 160% salary surge in the last five years, while fresher salaries rose only 4%.
Widening pay gap: CEOs earned up to 1,702 times more than freshers at top firms like Wipro and Tech Mahindra.
Experts criticize the disparity, calling for better compensation for entry-level employees amid high inflation and living costs.

Source: Moneycontrol

14mo ago

ZoomyPenguin

TCS

14mo

Sorry to say, i got raised of 1% in TCS. Pathetic management.

WobblyJellybean

NTT Data

14mo

No appraisal for 2023- 2024 in Tech Mahindra

PrancingBagel

Stealth

14mo

Dafaq??? That's beyond absurd.

SparklyCupcake

Accenture

14mo

I joined TechM while i was fresher the package was 3.07 LPÀ in the year 2014 and it's been 10 years almost more than decàde and the fresher salary is 3.9 LPA

SillyDonut

TCS

14mo

2009 also 3.2

2025 also 3.2lpa

GoofyMochi

Infosys

14mo

That's true huge discrimination

QuirkyPotato

HCL

14mo

Same as managers get 20% hike for only monitoring juniors and juniors get only 2-3% or no hike for doing all the real work.

BouncyPretzel

TCS

14mo

Uh....data is not right...?...fresher salary after 2020 was 3.6 not 4

BouncyPretzel

TCS

14mo

In tcs

WigglyRaccoon

Google

14mo

I don’t know why people cry for the low salaries at WITCH because they do outsource tasks of other firm. If they started getting 5-7L then why would anyone be outsourced to WITCH?