Rewards to employee for value addition

Prakash Popat (3134 Points)

24 September 2007  












Infosys pays $1m to six employees
24 Sep, 2007, 0030 hrs IST,P Thimmaya,

TNN


























BANGALORE: Million-dollar pay cheques
no longer raise eyebrows in the Indian IT industry. Given the huge demand for
high-quality professionals, some top-notch companies are willing to pay the big
bucks.



Six employees of Infosys Technologies posted overseas earn $1
million annually, perhaps making the company the highest paymaster in the Indian
IT industry.



According to sources, these six employees are neither
part of the founding team and nor are they board members. In fact, they are
business heads of the company’s different verticals. The list does not end
here.



There are around five professionals who earn a package of
$800,000 and about 25 professionals in the $500,000 bracket. In the case of
Infosys, the differentiating factor is that they (employees) are professionals
and are no way linked to the founder members.




Sources:Economic times.