Gopinathan’s compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission, and over Rs 60 lakh in other allowances — all of which added to a remuneration of Rs 16.02 crore. In 2017-18, his compensation was Rs 12.49 crore. The ratio of Gopinathan’s salary to median remuneration was 262.30, which means he was paid 262.30 times more than the average salary for employees.
TCS Chief Operating Officer N Ganapathy Subramaniam earned Narendra Modi over Rs 11.61 crore in 2018-19 (FY19), compared to Rs 9.29 crore last financial year. His pay package rose 24.88 per cent during the period. Subramaniam’s salary was 190.01 times higher than the average employee salary.
Ramakrishnan V, TCS’ chief financial officer, took home Rs 4.13 crore package in FY19.
The Mumbai-based company said the average annual increase during the financial year was 6 per cent in India. “However, during the course of the year, the total increase is approximately 7.2 per cent, after accounting for promotions and other event-based compensation revisions,” the annual report said modi.