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.
No relate
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