At the end of last year (2015) Infosys CFO Rajiv Bansal put in his papers and left to head ride-hailing service Ola’s finance division. Bansal earned Rs 4.72 crore in the previous year. Unlike an average software engineer who is asked to leave the company with 2 or 3 months salary, Bansal got almost 5 times his annual salary (Rs 23.02 crore) as severance pay.
This shows that the financial elites who move in the upper echelons of IT companies have quite a different rules applied only to themselves, while the majority of employees are kept under constant tension and office politicking to keep things safe in life.
News Sources
More from New Democrats
Cognizant (CTS), TCS, now Wipro – Should We Accept this as Normal?
IT Friends – Take up Cudgels against Forced Resignations!
IT Employees Suffer! Share Markets Party! Governments Fiddle!
Statement : NDLF demands immediate government intervention in IT Layoffs Issue
Join NDLF in Representation to Labour Secretary
Put an End to NASSCOM ‘Black List’
Corporate Harassments – Experiences by Employees
Infosys internal feud all about investors, no one bothers about employees
