Infosys Sees Jump in ₹1 Crore+ Salaries

Infosys has seen a 9% increase in employees earning over ₹1 crore annually in FY25, bringing the total to 112. This marks a reversal from FY24, when the number of high earners had declined by 17% The rise is largely attributed to stock incentives and higher variable pay.

Interestingly, more than one-third of these high earners have been with Infosys since before 2000, with some dating back to the 1990s. The company’s total spending on employee benefits rose 4% to ₹85,950 crore, accounting for 53% of its total revenue of ₹1.63 lakh crore.

Besides Infosys CEO Salil Parekh, who recently become one of the highest-paid IT executives in India, Infosys CFO Jayesh Sanghrajka also topped the list 1 Crore club with a compensation of ₹8.8 crore, followed by Chief Delivery Officers Dinesh R (₹7.2 crore) and Satish H.C (₹6.9 crore).

While Infosys rolled out salary hikes in January and April, TCS and Wipro deferred their hikes, citing an uncertain business environment. Most salary increases across the sector ranged between 5-8%.

Infosys added 6,338 employees in FY25, while TCS added 6,433 and Wipro 732. This marks a recovery from FY24, when these firms collectively saw a net drop of 63,759 employees.

This trend reflects Infosys’ evolving compensation strategies and the broader shift in India’s IT sector toward rewarding top talent competitively. What’s your take on this? Does it signal a positive shift in industry pay scales? Do comment your opinions below in comments section