Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked. 2. TCS CEO and MD, Rajesh Gopinathan took home Rs 13.3 crore in 2019-2020. Gopinathan's total compensation for … The salary paid to the CEO in this fiscal is 16% lower than the previous year. 25.6 crore in FY16, according to the company’s latest annual report. Mumbai  The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. However, this will not prevent the sites from placing further cookies on your device unless and until you adjust your Internet browser setting as described above. Latest company policy 4. The information provided below about cookies also applies to these other tracking technologies. Gopinathan's pay package is 214.65 times the median salary of TCS. Salary estimates are based on 24.2k TCS salaries received from various employees of TCS. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. Read more about TCS CEO earned more than 200 times the median TCS employee salary in FY18 on Business Standard. NEW DELHI: Pay package of Tata Consultancy Services (TCS) CEO and managing director Rajesh Gopinathan shrank more than 16 per cent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company's annual report. TCS CEO Rajesh Gopinathan’s salary fell 16 percent to Rs 13.37 crore. The average Tata Consultancy Services (TCS) monthly salary ranges from approximately ₹ 10,000 per month for IT Executive to ₹ 57,231 per month for Relationship Manager. These cookies, for example, let us recognize that you have created an account and have logged in/out to access site content. Track the industry of your choice with a daily newsletter specific to that ET Now Digital . TCS not to layoff any employees, but no salary increments either TCS has also said that it will be honouring all 40,000 campus offers made this year. "The managerial remuneration for the year decreased by 15 per cent. 3,156 TCS reviews. TCS chief executive Rajesh Gopinathan. Chief executive Rajesh Gopinathan ’s income dropped 16.5% to Rs 13.3 crore in the fiscal year ended March 31 from Rs 16.04 crore in the previous financial year. Salaries posted anonymously by TCS employees in India. Tata Consultancy Services (TCS)'s chief executive officer (CEO) has reported drawing lower salary in 2019-2020 as compared to the previous fiscal. TCS, the country's largest software services firm, has doubled its salary package by its Chief Executive Officer (CEO). Read Bio The third-party service providers that generate these cookies, such as, social media platforms, have their own privacy policies, and may use their cookies to target advertisement to you on other websites, based on your visit to our sites. TCS' CEO Chandrasekaran gets 50% salary hike. 3 9 NG Subramaniam, COO, TCS: Rs 11.61 crore TCS said its consolidated revenue for the period rose 3% to Rs 40,135 crore. TCS CEO and MD, Rajesh Gopinathan took home Rs 13.3 crore in 2019-2020. TCS COO N Ganapathy Subramaniam also took home a smaller pay package home in FY2020. In 2018-19, Gopinathan had received a total remuneration of ₹16.02 crore which was 262 times the median salary of TCS employees. Get a daily email with all the news updates on them. Companies. In 2018-19,  Tata Consultancy Services CEO and MD Rajesh Gopinathan had received a total remuneration of Rs 16.02 crore but the pay package shrank more than 16 per cent to Rs 13.3 crore in 2019-20. 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TCS CEO N Chandrasekaran salary up by 14% Tata Consultancy Services CEO N Chandrasekaran has received a 14% hike in total salary for FY15, with his annual compensation reaching Rs 21.28 crore from Rs 18.68 crore in FY14. The average Tata Consultancy Services (TCS) salary ranges from approximately ₹ 1,70,763 per year for Faculty to ₹ 11,71,387 per year for Associate Consultant. Pay package of Tata Consultancy Services CEO and MD Rajesh Gopinathan shrank more than 16 per cent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company's annual report. He … He was elevated to the role of Chief Executive in February 2017 after serving as the Chief Financial Officer since 2013. TCS CEO: Rajesh Gopinathan Age, Salary Net Worth and Family Facts to Know. "However, during the course of the year, the total increase is approximately 7.7 per cent, after accounting for promotions and other event-based compensation revisions. A cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. TCS COO N Ganapathy Subramaniam and other executives' salaries. In the previous year, Gopinathan had received Rs 1.15 crore in salary, Rs 1.26 crore in perquisites and Rs 60.35 lakh in allowances. This way, Wipro’s France born CEO will get almost three-times salary of TCS CEO. However, if you select this setting you may be unable to access certain parts of the sites. The average Tata Consultancy Services (TCS) monthly salary ranges from approximately ₹ 10,000 per month for IT Executive to ₹ 57,231 per month for Relationship Manager. The average Tata Consultancy Services (TCS) salary ranges from approximately ₹ 1,70,763 per year for Faculty to ₹ 11,71,387 per year for Associate Consultant. Please note that if your browser setting is already setup to block all cookies (including strictly necessary Cookies) you may not be able to access or use all or parts or functionalities of our sites. We also use cookies to administer our sites and for research purposes, zeenews.india.com also has contracted with third-party service providers to track and analyse statistical usage and volume information from our site users. 3. Likewise, if you share any content on this website through social networks (for example by clicking a Facebook “like” button or a “Tweet” button) you may be sent cookies from these websites. The pay package shrank more than 16 per cent to Rs 13.3 crore in 2019-20. We, however, have a request. Topics by B2B Desk, 2020-02-10 15:21:51; Top highest-paid Indian employees in 2020 - Kumar Mangalam Birla. Salaries posted anonymously by TCS employees. Employees outside India received a wage increase varying from 2 per cent to 6 per cent," the report said. Persistent Cookies Commenting on the quarterly results TCS CEO and MD Rajesh Gopinathan said, "Driving accelerated business value realization of our customers' digital investments has resulted in broad-based revenue growth. industry. Gmail not working? This organization started operation in 1968. If you have any other questions about our Cookie Policy, please contact us at: Such cookies and other technologies helps us to identify you and your interests, to remember your preferences and to track use of zeenews.india.com We also use cookies and other tracking technologies to control access to certain content on our sites, protect the sites, and to process any requests that you make to us. One of the few countries in the world to do so, LIVE: Goa Zilla Panchayat (ZP) Election Results 2020: BIG WIN FOR BJP, wins 27 seats; Congress is leading in just 3, AAP fails to open account, Air India divestment: Tata, Spicejet, Essar among bidders in race to buy national carrier, Stocks in Focus on December 14: Cipla, NBCC, Thyrocare, KEC International to Delta Corp; here are the 5 Newsmakers of the Day, JEE Main 2021 exam to be held 4 times - Feb, Mar, Apr, May? TCS' new CEO received Rs 4 crore as commission. ... Gopinathan’s compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances—all of which added to a remuneration of Rs 16.02 crore. He was Chief operating officer (COO) and executive director of Tata Consultancy Services ( These cookies let us operate the sites in accordance with the choices you make. Pay package of Tata Consultancy Services CEO and MD Rajesh Gopinathan shrank more than 16 per cent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company's annual report. TCS has been ventures in all sections of the information technology sector. Started the career in TCS vs Lateral hire. TCS CEO Rajesh Gopinathan's salary goes down 16% to Rs 13.3 crore in FY20 Updated : May 20, 2020 06:15 PM IST . TCS CEO N. Chandrasekaran’s compensation rose 20 per cent to Rs. This product is a monthly auto renewal product. 1827 salaries for 474 jobs at TCS in India. Some features used on this website may involve a cookie being sent to your computer by a third party. Companies. In 2018-19, Gopinathan had received a total remuneration of Rs 16.02 crore. These cookie are essential to our site in order to enable you to move around it and to use its features. Session cookies are temporary and deleted from your machine when your web browser closes. In any event, such information will be kept in our database until we get explicit consent from you to remove all the stored cookies. New Delhi: Pay package of Tata Consultancy Services CEO and MD Rajesh Gopinathan shrank more than 16 percent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company's annual report. Growing? Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Wipro’s new boss Thierry Delaporte is India’s highest-paid IT CEO, 3 times more salary than TCS chief Gopinath. NEW DELHI: Tata Consultancy Services NSE -1.51 % (TCS) CEO Rajesh Gopinathan took home a pay package of over Rs 16 crore last fiscal, an increase of almost 28% compared to the previous year, the company’s annual report showed. PTI @ PTI_News. Chandrasekaran, who became chief executive in October 2009, had received a pay hike of about 40 per cent to Rs 10 lakh/month in July 2011 earlier. TCS (Tata Consultancy Services) CEO Rajesh Gopinathan annual pay rises 28% in FY2019, with this rise his take home annual package crosses over INR 16 Cr.TCS CEO Rajesh Gopinathan compensation included Rs 1.15 Cr as salary, Perquisites Rs 1.26 crore, As commission Rs 13 crore and over Rs 60 lakh in other allowances all of which added to a remuneration of Rs 16.02 crore. Updated Jun 20, 2020 | 17:40 IST Delaporte, who takes over the role from Abidali Neemuchwala, will hold office for five years with effect from July 6, 2020, to July 5, 2025. Last year, he earned Rs. Kindly visit the Manage my subscription page to discover the benefits of this programme. India's largest software exporter Tata Consultancy Services (TCS) hiked the pay package of its Chief Executive Officer (CEO) Rajesh Gopinathan by 28.3 per cent last fiscal to over Rs 16 crore. TCS CEO salary: Gopinathan’s compensation included Rs 1.02 crore in salary, Rs 60 lakh in perquisites, Rs 10 crore in commission and Rs 86.8 lakhs in … He is also a part of the TCS management team since the last 11 years. Mr. Gopinathan, CEO and MD, said: “I would like to thank the TCS Board and Chandra for the privilege and honor to lead this great organization. Top 10 Highest Paid CEOs In India 2019 - 2020. by B2B Desk, 2020-06-03 15:39:41; Natarajan Chandrasekaran | CEO & Director of TATA Consulting Services . 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When Gopinathan was made CEO of TCS, … However, he had drawn a higher commission of Rs 13 crore in 2018-19 at 0.03 per cent of profit. The salary paid to the CEO in … A free inside look at TCS salary trends based on 160 salaries wages for 110 jobs at TCS. Gopinathan joined TCS in 2001 and worked in the e-business unit. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Yes you read correctly TCS will give Rajesh Gopinathan a double salary package in fiscal year 2017. Session Cookies  Exclusive content, features, opinions and comment – hand-picked by our editors, just for you. TCS Chief Gopinathan Takes A 28% Hike In Annual Salary. Google email down? If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. TCS has its offices in around 46 countries. TCS, has rewarded its CEO N Chandrasekaran with a massive 60% hike in salary at Rs 18.68 crore for the fiscal 2013-14. To cancel, communicate from your registered email id and send the mail with the request to, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Gopinathan received this salary hike after assuming the company's largest position in February last year. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. If you want to remove previously-stored cookies, you can manually delete the cookies at any time from your browser settings. To cancel, communicate from your registered email id and send the email with the cancellation request to. TCS has also said that it will be honouring all 40,000 ... has said that it will not be giving any salary increments this time. India Business News: Pay package of Tata Consultancy Services (TCS) CEO and managing director Rajesh Gopinathan shrank more than 16 per cent to Rs 13.3 crore in 2019-20 co TCS has a complicated formula for this, is what my understanding is, 1. Previous ratings/bands, no of years in the current grade. Pick 5 of your favourite companies. MUMBAU: Largest Indian software exporter TCS on Thursday said it will not retrench any of its nearly 4.5 lakh employees, but has decided not to give any salary hikes this year. NYSE:TCS CEO Compensation, January 29th 2020 Is The Container Store Group, Inc. His compensation included Rs 1.35 crore in salary, Rs 1.29 crore as perquisites, Rs 10 crore in commission and about Rs 72 lakh from other allowances. This allows our sites to recognize your device from those of other users on our sites. Wipro’s new boss Thierry Delaporte is India’s highest-paid IT CEO, 3 times more salary than TCS chief Gopinath. TCS CEO Rajesh Gopinathan's compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances COO and executive director N Ganapathy Subramaniam took 13% lower remuneration and CFO V Ramakrishnan took 3.5 percent cut in his remuneration. Rajesh Gopinathan is the Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), a leading global IT solutions and consulting firm. Milind Lakkad is the Executive Vice President and Global Head – Human Resources in TCS since May 2019. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Rajesh became the CEO of TCS in the year 2017 after he worked as a chief financial officer in 2013. In the previous year, Gopinathan had received Rs 1.15 crore in salary, Rs 1.26 crore in ... Key stories on business-standard.com are available to premium subscribers only. According to TCS' annual report for 2019-20, Gopinathan received Rs 1.35 crore in salary, Rs 1.29 crore in perquisites, Rs 10 crore in commission (at 0.02 per cent of profit) and Rs 72.82 lakh in allowances. IT Analyst salary in TCS ranges between ₹ 5.5 Lakhs to ₹ 10 Lakhs with an average annual salary of ₹ 7.2 Lakhs. Support quality journalism and subscribe to Business Standard. For more information on the development of user-profiles and the use of targeting/advertising Cookies, please see www.youronlinechoices.eu if you are located in Europe or www.aboutads.info/choices if in the United States. NYSE:TCS CEO Compensation, January 29th 2020 Is The Container Store Group, Inc. The executive remuneration for FY2020 is lower than FY2019 in view of the economic conditions impacted by the COVID-19 pandemic. According to the company report, the consolidated headcount in TCS is over 4 lakh at at 4,53,540 as of September 30, 2020. Updated: 20 May 2020, 03:37 PM IST PTI . TCS Salaries trends. We use persistent cookies to improve your experience of using the sites. TCS CEO's annual pay rises 28%, takes home over Rs 16 crore in FY19 Updated : May 17, 2019 08:01 AM IST Gopinathan's compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances - all of … Infosys CEO Salil Parekh will draw Rs 34.27 crore salary in FY2020, while Tech Mahindra CEO CP … Natarajan Chandrasekaran (born 2 June 1963) is an Indian businessman, and chairman of Tata Sons. TCS CEO salary increases, tremendous increase in crores TCS, the country's largest software services firm, has doubled its salary package by its Chief Executive Officer (CEO). Stay on top of your investments. Rajesh Gopinathan (born 1971) is the CEO and managing director of Tata Consultancy Services (TCS), a global IT firm. Our sites to provide you targeted advertising parts of the youngest CEOs of the sites are used and how are... Just for you policy to remove the cookie message which first appears when you our! Rajesh became the CEO and MD, Rajesh Gopinathan a double salary package by... Choices you make are essential to our site hike in annual salary 1827 salaries for 474 at... As of September 30, 2020 Zee Media Corporation Ltd. all rights.. In February 2017 after he worked as a Chief financial officer in.... For this, is what my understanding is, 1 get almost three-times salary of ₹ tcs ceo salary! 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