Former Infosys CFO Mohandas Pai highlights the staggering salary disparity in India’s IT sector, noting that while the lowest-paid executives received just Rs 3.2 lakh in 2011, this figure has only increased marginally to Rs 3.75 lakh in 2024.

Ex-Infosys CFO Mohandas Pai has criticized the growing wage disparity in India’s corporate sector, particularly in the IT industry. He points out that while top executives’ salaries have increased by 20-40% over the past five years, freshers’ wages have only risen by 15% over the past 13 years, with some even seeing no increase. Pai also highlighted that contract workers’ wages have increased by just 1-2% over the past five years. He emphasizes that while automation has reduced labor requirements in some areas, businesses are still making healthy profits, and it is unfair that companies are not paying employees a fair share of the value they create. Pai urges India Inc. to prioritize fairness, particularly in the services and distribution sectors, and pay employees better wages.