HCLTech CEO C Vijayakumar tops Indian IT CEO salary charts in FY24

HCLTech Chief Executive Officer C Vijayakumar’s remuneration for the fiscal year 2024 nearly tripled on the yeat to approximately Rs 84.16 crore, making him the highest-paid CEO among Indian IT services companies in the year.

Infosys CEO Salil Parekh follows with a remuneration of around Rs 66.25 crore, and Wipro’s CEO Srinivas Pallia is third with a package of around Rs 50 crore.

According to HCLTech’s annual report, Vijayakumar’s earnings included a base salary of about $1.96 million (Rs 16.4 crore), a performance-linked bonus of $1.14 million (Rs 9.5 crore), approximately $2.36 million (Rs 19.7 crore) from long-term incentive (LTI) cash components, and $4.56 million (Rs 38.1 crore) perquisite value of the restricted stock units exercised.