HCLTech’s CEO is already the richest among top five IT peers—and his pay is rising further

HCL Technologies Ltd’s C. Vijayakumar not only kept the championship as the highest paid CEO in the group, but an increase of 5.7% last year La88.97 Crore ($ 10.85 million), but also re -appointed as the CEO and General Manager, provided a sharp higher payment package for the next five years.

The leap in execution compensation emerges when struggling with industry profitability and increasing layoffs. Three out of five people – InfoS, HCLTECH and Wipro – April -June quarter reported the narrowing business margins. TATA Consulting Services, the largest of the group, plans to cut 2% of the labor force to restrain costs.

While ENFOSYS foresee the slowest expansion in ten years, the TCS reported its weakest growth in four years because macroeconomic uncertainty and a demand for withdrawal in major outsourcing agreements.

New term, larger package

According to HCLtech’s FY25-year report published on Saturday, more than three fifths of Vijayakumar’s earnings- La57.1 Crore – Initction to use stock options. Another La15.83 Crore bonuses, incentives and variable fees, fixed salary La16.07 Crore.

The wage impact follows a powerful performance by HCLTECH that increases the 4.3% full -year increase to $ 13.8 billion, which is the fastest growing among the first five IT companies for the second year.

This performance has now led Vijayakumar to be re -appointed for a third five -year period, which lasted until March 31, 2030. The next period begins on September 1, 2025. “Leadership, superior financial execution, strategic foresight and long -term value to create the extraordinary past of the creation of long -term value, he said.

In the future, Vijayakumar’s home total $ 18.6 million ( La152 Crore annually) – 71% jump over its existing package.

The fixed salary doubles for almost 6.28 million dollars, while the annual bonus of 3.5 million dollars – almost twice the current figure – will be due to three meters: income targets (50%), activity margins (40%) and “strategic objectives” (10%).

In addition, a 75% increase in the next five years will be paid by long-term incentives worth $ 8.82 million, income increase, total shareholder return and free cash flow as a net income percentage.

Vijayakumar, who joined HCltech in 1994, received 673,923 shares at the end of March 2025. La98 Crore on Friday, August 1st.

Restructuring, layoffs seem great

The payment hike comes at a time when HCltech plans to restructure in key markets outside India and leaves the personnel who cannot be re -deployed due to automation.

“Of course, we have provided a good amount of people to be released because of productivity improvements.

“So, education and re -deployment time is longer. Some will be re -deployed, but it may not be possible for others. So, some changes in the sector causes this.”

Other IT CEOs

Vijayakumar operated a $ 13.84 billion company, followed by a 60 -year -old InfoS CEO, Salil Serekh, who received a 22% increase last year. La80,62 Crore manages a company that earns 19.28 billion dollars.

Vijayakumar’s package TCS CEO K. Krithivasan, 61, payment of more than three times with an increase of 4.6% La26.5 Crore. In particular, the lowest paid -in -law among India’s top five IT CEOs is the country’s largest technology company with revenue ($ 30.18 billion).

Srinivas Pallia from Wipro, 58, La53.6 Crore (10%increase) is chaired by a company that brings $ 10.5 billion. Mohit Joshi, the youngest CEO of 51 from Tech Mahindra, was won La53.9 Crore, including stock compensation. Tech Mahindra ended in 25 financial years with an income of 6.26 billion dollars.

Parekh has 11.85,548 InfoStis shares. La175 Crore. Joshi 200,390 Tech Mahindra is worth sharing La29 Crore. Pallia’s value has 200,000 wipro shares La4.85 Crore. TCS does not offer esop and the value of Crithivasan has 11,232 shares La3.4 Crore.

Pay Spike underlines the performance of some of them, both of which have been ongoing for a long time, especially for the CEOs-especially for InfoS and HCLTECH. In the rudder for more than seven years, the soundtrack and vijayakumar have supervised their rapid expansion periods. HCltech has grown fastest in the last two years, while InfoSS has become the second financial second.

Vijayakumar is in a digital period in which business models are redesigned by a Philosophy of AI. As the adoption of AI among businesses becomes the main current, HCLTECH’s curve is at a sweet point to drive this opportunity curve with its leadership in software and IP-LED services with its full stack portfolio and leadership. “

Wage gaps expanded on the board

CT companies, once conservative salaries, reward leaders in a more aggressive way, while employee wage tendencies remain mixed.

HCLtech’s median employee salary increased by 17.63% in the 25 financial year, which was a leap from 7.07% in the previous year. InfoSS gave a raise of 9.63%, while the TCS increased salary from 9% to 7.5% in 24 financial years. TCS has the largest labor force with 613,069 employees; InfoS have 323,788.

Wipro and Tech Mahindra, average employee salaries in line with falling income decreased. Wipro’s income fell by 2.7% to $ 10.5 billion, and Tech Mahindra decreased by 0.21% to $ 6.26 billion.

Wipro reduced the HeadCount count by reducing general employee compensation (except for directors) by 0.6%. Tech Mahindra reduced the median fee by 6.52%, between the steep Big Five. The companies had 233.232 and 148,517 employees, respectively.

Despite the challenges in the IT industry, India’s best technology bosses see fees-provides a gap between the awards and the ground level facts.

(With the contributions of Vaeshnavi Kasturil in Bengaluru)