Infosys director (human resources) T V Mohandas Pai was the highest paid employee of the IT major in 2006-07. Pai, also chairman of Infosys BPO, drew $58,263, the highest remuneration in Infosys.
The company said in a filing to the US Securities and Exchange Commission that in addition to the salary, Pai earned a bonus/incentive of $117,336, other annual compensation of $21,779 and $15,287 as long-term benefits.
The second-highest salary was drawn by Srinath Batni, group co-head, customer delivery. His annual package included a salary of $48,958, $100,784 as bonus/incentive, $17,263 as other annual compensation and $13,150 as long-term benefits.
Chief financial officer V Balakrishnan was the third highest paid employee. He drew $39,586 as salary, $100,512 as bonus/incentive, $28,674 as other annual compensation and $11,190 as long-term benefits.
Outgoing chief executive officer and managing director Nandan M Nilekani, who is set to become the co-chairman, was paid an annual salary of $33,319.
He also earned $65,543 as bonus/incentive. Another $10,629 came as other annual compensation and $9,652 as long term benefits. Interestingly, COO S Gopalakrishnan (Kris), the next-in-line CEO, drew $33,319 as salary.
His annual package included $65,543 as bonus/incentive, $11,462 as other annual compensation and $9,735 as long-term benefits. Another co-founder K Dinesh, who is director and head, information systems, quality and productivity, and communication design group, drew the same salary and bonus as Kris.
He also earned $10,326 as other annual compensation and $9,622 as long term benefits. S D Shibulal, director and group head, worldwide sales and customer delivery, drew $31,304 as salary, $58,571 as bonus/incentive, $8,777 as other annual compensation and $8,956 as long-term benefits.
Infosys non-executive chairman N R Narayana Murthy was the lowest paid director. His salary was $12,898. However, his bonus was high at $35,017. He was also paid $42,845 as other annual compensation and $3,868 as amount accrued for long term benefits.