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Leaders

Infosys CEO gets 2.5% pay hike

Salil Parekh, Chief Executive Officer of Infosys, received a total compensation of ₹82.6 crore in FY26, marking a 2.5 per cent increase compared to the previous financial year.

According to the company’s latest disclosures, the rise in Parekh’s pay package was largely due to stock-based incentives, which continued to make up the biggest portion of his overall earnings. His compensation included salary, retiral benefits, variable performance pay and gains from restricted stock units granted under the company’s long-term incentive plans.

The increase comes at a time when Infosys, one of India’s largest IT services firms, is navigating a challenging global business environment marked by cautious client spending and slower demand in key markets. Despite these pressures, the company maintained its focus on digital services, artificial intelligence and large transformation deals.

Parekh has led Infosys since 2018 and has overseen several strategic initiatives, including expansion in digital services, cloud technologies and AI-led business solutions. Under his leadership, the company has strengthened its presence in global markets while continuing investments in technology and workforce development.

Company filings showed that stock incentives accounted for a significant share of Parekh’s total earnings, reflecting the growing trend among major technology firms to link executive compensation with long-term company performance and shareholder value.

The compensation disclosure has also drawn attention because executive pay remains a closely watched topic across the corporate sector, particularly as companies balance business performance, employee costs and investor expectations.

Infosys stated that the CEO’s remuneration was determined in line with company policies and approved compensation structures. The company regularly discloses executive pay details as part of its annual governance and regulatory requirements.

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Leaders

Infosys gives ₹51.75 cr stock grant to CEO Salil Parekh

Infosys has approved stock-based incentives worth ₹51.75 crore for its CEO and Managing Director Salil Parekh, even as the company is yet to take a call on annual salary hikes for employees.

The decision was cleared by the company’s board after recommendations from its Nomination and Remuneration Committee. The grant will be made through employee stock options and restricted stock units under existing company plans, with effect from May 2, 2026.

The compensation package is linked to performance and long-term business goals. Out of the total grant, ₹34.75 crore is tied to annual performance targets, ₹5 crore is linked to shareholder returns, ₹2 crore depends on ESG goals, and ₹10 crore comes under the company’s Expanded Stock Ownership Program. Most of these benefits will vest over time and depend on meeting set conditions.

The announcement came with Infosys’ latest quarterly results, where the IT major posted a strong rise in profit. Consolidated net profit for the March quarter increased 20.9 per cent to ₹8,501 crore, while revenue also recorded healthy growth.

Infosys said it remains cautiously optimistic about the year ahead and expects revenue growth of 1.5 per cent to 3.5 per cent in constant currency terms for FY27. The company also plans to hire around 20,000 freshers during the financial year, signalling continued investment in talent despite global uncertainty.

However, there is still no clarity on salary hikes for the wider workforce. Chief Financial Officer Jayesh Sanghrajka said the company has not yet decided when wage revisions will happen or how much the hikes will be.

The development has drawn attention because while senior leadership compensation has been finalised, thousands of employees are still waiting for updates on their annual pay revisions. Wage hikes in the IT sector have slowed in recent years as companies deal with weak global demand and cautious client spending.

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