Rewards to employee for value addition

1936 views 4 replies

Prakash Popat

3134 Points Posted on 24 September 2007

Infosys pays $1m to six employees
24 Sep, 2007, 0030 hrs IST,P Thimmaya,

TNN

BANGALORE: Million-dollar pay cheques
no longer raise eyebrows in the Indian IT industry. Given the huge demand for
high-quality professionals, some top-notch companies are willing to pay the big
bucks.

Six employees of Infosys Technologies posted overseas earn $1
million annually, perhaps making the company the highest paymaster in the Indian
IT industry.

According to sources, these six employees are neither
part of the founding team and nor are they board members. In fact, they are
business heads of the company’s different verticals. The list does not end
here.

There are around five professionals who earn a package of
$800,000 and about 25 professionals in the $500,000 bracket. In the case of
Infosys, the differentiating factor is that they (employees) are professionals
and are no way linked to the founder members.

Sources:Economic times.

Replies (4)

Prakash Popat

3134 Points Posted on 24 September 2007

It's High time to give better weights to Information Technology on our syllabus.

Ravikumar.G

Consultant

18525 Points Posted on 24 September 2007

Better we can choose that field

Prakash Popat

3134 Points Posted on 24 September 2007

C.A courses traditionally recognized as only for audit AND INCOME-TAX,NOW after computerizations and somewhere during 1985 onwards,People realizing need to make course multidisciplinary,Many times We feel awkward to accept the genuine challenge before our profession and knocked door to court for restraint other value additions players,Now when MBA sometimes,somehow earning better We could not digest it and make points of discussion and deliberations instead of making ourselves equally strong to serve industry globally,as a results We are till today's not come out from our old days habit and worst sufferer is Youngest Members of Profession.Hence We have to make ourself all rounder as fast as possible,inclusive in IT areas.

CA.Saibaburao Nanduri

Chartered Accountant

3847 Points Posted on 25 September 2007

There are post qualification courses such as infomation systems audit ISA, Insurance risk management IRM etc are being offered by ICAI to meet the latest challanges in globalisation !