Salary estimates are based on 90.2k Tech Mahindra salaries received from various employees of Tech Mahindra. The average of global CEO salary is around $3.6 million (Rs 23.6 crore), while it is $1.5 million (Rs 9.76 crore) for Indian CEOs. The average Tech Mahindra salary ranges from approximately 0.8 Lakhs per year for a Voice Agent to 60.6 Lakhs per year for a Vice President. 1. P1- Solution /System Architect or Delivery Manager In 2018 it can range anything between 40 lacks per year to 2 crores per year. The median remuneration of Indian employees was Rs 5,65,748 in FY17, an increase of 8.5% from the year before. Answer (1 of 2): P1 band is a very large band in terms of experience and so people get salary over a large variation. The pay ratio of the CEO and an average worker’s salary in India was the second-highest in the world after the US, according to Bloomberg. The average compensation of the sample increased by 12.1% to Rs 9.8 crore in FY17.įurther, the median salary of the top senior executives is on average 243 times higher than the average salary for employees, according to data from Capitaline and annual reports. Tech Mahindra on Monday posted a 34.5 year-on-year increase in consolidated net profit to 1,081.4 crore for the January-March 2021 quarter. Tech Mahindra, the flagship IT services company under Mahindra Group which churned out revenues of Rs 39,000 crore this fiscal (5.2 billion), is now cutting down salaries of their 13,000. Tech Mahindra says the grant of shares to Gurnani and Nayyar is tied to the company’s performance, with the company having clocked the fastest compound annual growth since 2013, says the report.Īccording to an ET Intelligence Group analysis, the compensation of India Inc’s top 100 senior executives other than promoters holding executive positions has seen a sharp increase, thanks to better than average increase in salaries and higher payouts of commission or bonus.