Highest paid staffer in Infy not a techie

shailesh agarwal (professional accountant)   (7642 Points)

26 June 2009  

 





 

Highest paid staffer in Infy not a techie 







Shubhadeep Choudhury







Tribune News Service

Bangalore, June 24







Accountants enjoy better compensation package than software engineers in the information technology (IT) behemoth Infosys. The highest paid employee in Infosys is not a techie. Mohandas Pai, a chartered accountant who is director and head (administration and HRD) in Infosys gets remuneration of Rs 2.59 crore per annum.

Next in the line is V Balakrishnan, another accountant who is posted as chief financial officer in the organisation. His annual compensation is a whopping Rs 2.36 crore.

S Gopalkrishnan, CEO and managing director of the company, figures below Pai and Balakrishnan in terms remunerations received. His annual package is a “modest” Rs 91.79 lakh. Even Nandan Nilekani, co-chairman of the board of directors of the company, gets less than the two topnotch accountants. Nilekani’s yearly gross remuneration is Rs 90.76 lakh. SD Shibulal, chief operating officer and director, gets Rs 87.31 lakh.

Ramdas Kamath, also a chartered accountant and posted as senior vice-president and head (administration, commercial, facilities, infrastructure and security) is also paid in crores. The company has six people with engineering background who are paid more than Rs 1 crore per annum. Highest paid person in this category is Srinath Batni, director and head (delivery excellence). He gets monthly remuneration of Rs 1.87 lakh.

A statement with regard to gross remuneration received by Infosys employees shows all the 570 employees figuring in the list getting a seven-figure annual package ranging from Rs 2 lakh per month and above.