Infosys - Model of Transparency
The Prime Minister's call ( at the CII annual General meeting- 2007 ) to industry hotshots to take pay cuts brings to mind what Mr. Narayana Murthy, Infosys Chief mentor said way back in 2002.
Mr. Narayana Murthy and Infosys, who have topped quite a few polls year after year as the most admired CEO and company in India and around the world, said that, the highest-paid employee (at Infosys) would receive no more than 15 times the pay of the lowest. But he also admitted that, 'the system, even at Infosys, doesn't work. Many of Infosys' top executives already make more than $30,000 a year, and starting salaries for entry-level programmers are now $23,000. Outside India, Infosys must pay salaries in line with the global demand for talent--one employee in the U.S. makes $300,000.'
But then, it's the thought that counts. Cheers to that.
Pic : www.siliconeer.com
Mr. Narayana Murthy and Infosys, who have topped quite a few polls year after year as the most admired CEO and company in India and around the world, said that, the highest-paid employee (at Infosys) would receive no more than 15 times the pay of the lowest. But he also admitted that, 'the system, even at Infosys, doesn't work. Many of Infosys' top executives already make more than $30,000 a year, and starting salaries for entry-level programmers are now $23,000. Outside India, Infosys must pay salaries in line with the global demand for talent--one employee in the U.S. makes $300,000.'
But then, it's the thought that counts. Cheers to that.
Pic : www.siliconeer.com
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