Fact: Average Pay Hike for senior management in India IT Services

SOURCE: LiveMint
WIPRO:                                 INFOSYS:                                TCS
FY 07 – 23%                            25%                                          48%
FY 08 – 18%                            49%                                          18.8%

Seems like Infosys has defied the norm and the pay hikes are higher than the market average. These supposedly represent the pay hikes for top management ( non -promoters)

Another interesting study by Hewitt mentioned that the pay difference between senior management and junior staff in India was 19 times – highest in the world.

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