TCS CEO pay package reduces 16 per cent to Rs 13.3 crore in FY20

Pay package of Tata Consultancy Services (TCS) Chief Executive Officer (CEO) and managing director (MD) Rajesh Gopinathan shrank more than 16 per cent to Rs 13.3 crore in 2019-20 compared to the previous fiscal, according to the company’s annual report.

In 2018-19, Gopinathan had received a total remuneration of Rs 16.02 crore.

According to TCS’ annual report for 2019-20, Gopinathan received Rs 1.35 crore in salary, Rs 1.29 crore in perquisites, Rs 10 crore in commission (at 0.02 per cent of profit) and Rs 72.82 lakh in allowances.

In the previous year, Gopinathan had received Rs 1.15 crore in salary, Rs 1.26 crore in perquisites and Rs 60.35 lakh in allowances. However, he had drawn a higher commission of Rs 13 crore in 2018-19 at 0.03 per cent of profit.