• If lowest-paid worker gets Rs 2-3 lakh/year, CEO should get Rs 70-80 lakh: Murthy

    If lowest-paid worker gets Rs 2-3 lakh/year, CEO should get Rs 70-80 lakh: Murthy

    Published Date : 22-Sep-2020 4:06:08 IST

    Infosys Co-founder Narayana Murthy said that a company’s managerial remuneration has to be a fair multiple of the compensation of the lowest-level employee. For example, if the lowest-paid employee’s remuneration was ₹2-3 lakh a year, the CEO’s remuneration should be ₹70-80 lakh, Murthy added. He also urged for a fair balance of power in companies to check scams and frauds.

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