IT workers fora flay steep hike in top executives compensation

Two IT employee groups have flayed the steep hike in compensation awarded to top executives of Infosys, terming the move by the software giant as "painful" amid job losses in the industry.

According to the 2017 annual report of Infosys that was published on the company's website, payouts of at least four Infosys executives have increased by over 50 per cent in the previous fiscal year.

"Year-after-year, the IT companies remove and sack professionals and simultaneously hike their top executives' salaries in the name of fancied compensation based on variable pay and stock incentives," FITE General Secretary AJ Vinod told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)