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\"\"HYDERABAD: Backing Infosys<\/a> co-founder N R Narayana Murthy<\/a>'s view that pay<\/a> hike to COO U B Pravin Rao<\/a> was \"not proper,\" the company's ex-director T V Mohandas Pai<\/a> today said the salary in this case is \"spectacular\" but performance is not.
\n
Alleging that Infosys' board was \"misguided\", Pai said the \"\"fundamental problem\" was the pay hike given earlier to CEO Vishal Sikka<\/a> \"without any justification\", because of which other executives were also expecting higher pay.
\n
\nHe said salary levels in India cannot be compared with that in the US.
\n
\n\"I totally agree with Murthy that it was not proper. We should have Indian norm for compensation; we can't follow American norm, we (Infosys) are not an American company,\" Pai, who was also formerly Chief Finance Officer of Infosys, told in a telephonic interview.
\n
\nThe comments come at a time when a row has erupted again between some founders and the current management of the firm.
\n
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry<\/a> in India for the past seven years, it is totally wrong to hike the compensation for top-level executives.
\n
\n\"The starting salary for software engineers has not gone up for the past seven years; and the inflation in the last seven years is about 60 per cent,\" he said.
\n
\nThe salary of Chief Operating Officer (of Infosys) three-four years ago was Rs 3.5 crore or Rs 4 crore. Now, it has gone up to Rs 12 crore, according to the Chairman of Manipal Global Education Services and Aarin Capital.
\n
\n\"I think unless people at the bottom (software engineers) get good, regular hike, paying people at the top for doing nothing...for long period of time is totally wrong,\" Pai said.
\n
\nWithout naming Rao, he said, \"That too we have been paying (compensation hike) for a person who has been in the company for 30 years.\"
\n
\n\"If somebody has done spectacularly well, then it's okay. Performance is not spectacular. Salary is spectacular,\" he said.
\n
\n\"I think the Board was misguided. You hired a CEO (Vishal Sikka). You are forced by the CEO to increase (his) salary from USD 7 million to 11 million. There was no justification,\" he said.
\n
\n\"When you see CEO getting so much, then COO will say: what about me? I cannot be paid one-tenth of what CEO is being paid,\" he said.
\n
\n\"The fundamental error was increasing CEO's salary from USD 7 million to 11 million without any justification,\" Pai further said.
\n
\nRaising the CEO's salary was the \"fundamental problem,\" and it could now lead to top-level executives and executive committee members seeking a pay hike, he said.
\n
\n\"You can't compare compensation levels with that in the US because employees (of Indian companies) are all here. A software engineer is paid Rs 3.5 lakh. A person who is COO gets paid Rs 12 crore or Rs 13 crore. 400 times. You have not raised the software engineer's salary for 7 years,\" he said.
\n
\nMurthy had yesterday said the compensation hike to Rao approved by the board in February was not \"proper\" and \"will likely erode the trust and faith of the employees in the management and the board.\"
\n
\n\"Giving nearly 60 to 70 per cent increase in compensation for a top level person (even including performance-based variable pay) when the compensation for most of the employees in the company was increased by just 6 to 8 per cent is, in my opinion, not proper,\" Murthy had said
\n
\n
\n\n<\/body>","next_sibling":[{"msid":58002064,"title":"Reliance Jio to work with AT&T, Linux Foundation to drive SDN, NFV innovation","entity_type":"ARTICLE","link":"\/news\/reliance-jio-to-work-with-att-linux-foundation-to-drive-sdn-nfv-innovation\/58002064","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58002132,"entity_type":"ARTICLE","title":"Mohandas Pai backs Infy co-founder Narayana Murthy; says Pravin Rao's pay spectacular, not performance","synopsis":"Pai said the 'fundamental problem' was the hike given to Sikka 'without any justification', because of which other executives were also expecting higher pay.","titleseo":"telecomnews\/mohandas-pai-backs-infy-co-founder-narayana-murthy-says-pravin-raos-pay-spectacular-not-performance","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-04-04 09:42:43","lastupd":"2017-04-04 09:44:47","breadcrumbTags":["Infosys","IT Industry","Pay","N R Narayana Murthy","Mohandas Pai","Vishal Sikka","U B Pravin Rao","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/mohandas-pai-backs-infy-co-founder-narayana-murthy-says-pravin-raos-pay-spectacular-not-performance"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-04-04" data-index="article_1">

莫汉达斯·派支持Infy创始人斯瓦米没吃;说普拉文·拉奥的支付的,而不是性能

派说“基本问题”是远足给Sikka没有任何理由,因为其他高管也期望更高的工资。

  • 更新于2017年4月4日09:44点坚持
海德拉巴:支持印孚瑟斯联合创始人N R Narayana没吃的观点,支付远足,首席运营官U B普拉文·拉奥是“不合适的”,该公司的前任董事T V莫汉达斯·拜今天说的工资在本例中是“惊人的”,但性能却不是。

称,印孚瑟斯董事会“误入歧途”,Pai说”“基本问题”是加薪之前给CEOVishal Sikka“没有任何理由”,因为其中的其他高管也期待更高的薪水。

他说在印度的工资水平在美国不能相比。

“我完全同意没吃,这是不合适的。我们应该有印度标准赔偿;我们不能按照美国的标准,我们不(印孚瑟斯)是一家美国公司,”派,他们也曾印孚瑟斯首席财务官在电话采访中说。

评论之际,一行之间再次爆发了一些公司的创始人和现任管理。

派认为,在入门级软件工程师的薪水并没有提高IT行业在印度在过去的七年,徒步旅行是完全不对的顶级高管的薪酬。

“软件工程师的起薪没有过去七年;通胀在过去七年是大约60%,”他说。

印孚瑟斯首席运营官的工资()三四年前3.5卢比或4卢比。现在,它已经到12卢比,根据印度麦利普全球教育服务和Aarin资本主席。

“我认为除非人们底部(软件工程师)好,普通的徒步旅行,支付最高的人什么都不做……长一段时间是完全错误的,”拜说。

也没有命名饶,他说,“我们已经支付(薪酬上调)一个人在公司已有30年。”

“如果有人做得特别好,那就好了。性能并不壮观。工资是惊人的,”他说。

“我认为董事会被误导。你雇佣了一个CEO (Vishal Sikka)。你是强迫的CEO(他的)工资从700万美元增加到1100万人。没有理由,”他说。

“当你看到首席执行官,首席运营官就说:我呢?我不能支付CEO被花掉的钱的十分之一,”他说。

“基本误差增加CEO的薪水从700万美元到1100万年没有任何理由,”派进一步说。

提高CEO的薪水是“基本问题”,它可以导致高层管理人员和执行委员会成员寻求加薪,他说。

“你不能比较与在美国因为员工薪酬水平(印度公司)都在这里。软件工程师是Rs 3.5十万卢比支付。首席运营官的人获得报酬12卢比或13个卢比。400次。你没有提高了7年的软件工程师的薪水,”他说。

没吃昨天表示,薪酬上调Rao董事会批准2月没有“正确”和“可能会削弱员工的信任和信心在管理层和董事会。”

增加“给予近60 - 70%赔偿一个顶层的人(甚至包括绩效浮动薪酬)当公司的大部分员工补偿增加了6 - 8%,在我看来,不适当的,“没吃


  • 发布于2017年4月4日09:42点坚持
是第一个发表评论。
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  • 莫汉达斯·派支持Infy创始人斯瓦米没吃;说普拉文·拉奥的支付的,而不是性能
\"\"HYDERABAD: Backing Infosys<\/a> co-founder N R Narayana Murthy<\/a>'s view that pay<\/a> hike to COO U B Pravin Rao<\/a> was \"not proper,\" the company's ex-director T V Mohandas Pai<\/a> today said the salary in this case is \"spectacular\" but performance is not.
\n
Alleging that Infosys' board was \"misguided\", Pai said the \"\"fundamental problem\" was the pay hike given earlier to CEO Vishal Sikka<\/a> \"without any justification\", because of which other executives were also expecting higher pay.
\n
\nHe said salary levels in India cannot be compared with that in the US.
\n
\n\"I totally agree with Murthy that it was not proper. We should have Indian norm for compensation; we can't follow American norm, we (Infosys) are not an American company,\" Pai, who was also formerly Chief Finance Officer of Infosys, told in a telephonic interview.
\n
\nThe comments come at a time when a row has erupted again between some founders and the current management of the firm.
\n
Pai argued that at a time when the salary for entry level software engineers had not been raised in the IT industry<\/a> in India for the past seven years, it is totally wrong to hike the compensation for top-level executives.
\n
\n\"The starting salary for software engineers has not gone up for the past seven years; and the inflation in the last seven years is about 60 per cent,\" he said.
\n
\nThe salary of Chief Operating Officer (of Infosys) three-four years ago was Rs 3.5 crore or Rs 4 crore. Now, it has gone up to Rs 12 crore, according to the Chairman of Manipal Global Education Services and Aarin Capital.
\n
\n\"I think unless people at the bottom (software engineers) get good, regular hike, paying people at the top for doing nothing...for long period of time is totally wrong,\" Pai said.
\n
\nWithout naming Rao, he said, \"That too we have been paying (compensation hike) for a person who has been in the company for 30 years.\"
\n
\n\"If somebody has done spectacularly well, then it's okay. Performance is not spectacular. Salary is spectacular,\" he said.
\n
\n\"I think the Board was misguided. You hired a CEO (Vishal Sikka). You are forced by the CEO to increase (his) salary from USD 7 million to 11 million. There was no justification,\" he said.
\n
\n\"When you see CEO getting so much, then COO will say: what about me? I cannot be paid one-tenth of what CEO is being paid,\" he said.
\n
\n\"The fundamental error was increasing CEO's salary from USD 7 million to 11 million without any justification,\" Pai further said.
\n
\nRaising the CEO's salary was the \"fundamental problem,\" and it could now lead to top-level executives and executive committee members seeking a pay hike, he said.
\n
\n\"You can't compare compensation levels with that in the US because employees (of Indian companies) are all here. A software engineer is paid Rs 3.5 lakh. A person who is COO gets paid Rs 12 crore or Rs 13 crore. 400 times. You have not raised the software engineer's salary for 7 years,\" he said.
\n
\nMurthy had yesterday said the compensation hike to Rao approved by the board in February was not \"proper\" and \"will likely erode the trust and faith of the employees in the management and the board.\"
\n
\n\"Giving nearly 60 to 70 per cent increase in compensation for a top level person (even including performance-based variable pay) when the compensation for most of the employees in the company was increased by just 6 to 8 per cent is, in my opinion, not proper,\" Murthy had said
\n
\n
\n\n<\/body>","next_sibling":[{"msid":58002064,"title":"Reliance Jio to work with AT&T, Linux Foundation to drive SDN, NFV innovation","entity_type":"ARTICLE","link":"\/news\/reliance-jio-to-work-with-att-linux-foundation-to-drive-sdn-nfv-innovation\/58002064","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":58002132,"entity_type":"ARTICLE","title":"Mohandas Pai backs Infy co-founder Narayana Murthy; says Pravin Rao's pay spectacular, not performance","synopsis":"Pai said the 'fundamental problem' was the hike given to Sikka 'without any justification', because of which other executives were also expecting higher pay.","titleseo":"telecomnews\/mohandas-pai-backs-infy-co-founder-narayana-murthy-says-pravin-raos-pay-spectacular-not-performance","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2017-04-04 09:42:43","lastupd":"2017-04-04 09:44:47","breadcrumbTags":["Infosys","IT Industry","Pay","N R Narayana Murthy","Mohandas Pai","Vishal Sikka","U B Pravin Rao","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/mohandas-pai-backs-infy-co-founder-narayana-murthy-says-pravin-raos-pay-spectacular-not-performance"}}" data-news_link="//www.iser-br.com/news/mohandas-pai-backs-infy-co-founder-narayana-murthy-says-pravin-raos-pay-spectacular-not-performance/58002132">