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Home » News » Business » Wipro’s Kurien set to earn Rs 3-10 cr annually

Wipro’s Kurien set to earn Rs 3-10 cr annually

The new boss of Wipro’s IT Services TK Kurien will earn between R3 crore and R10 crore per annum, a disclosure from the firm said. The board of directors, based on the recommendation of the Board Governance and Nominations Committee and the Compensation Committee, had approved the remuneration on February 28.

The salary would include periodic increments, variable pay based on performance, leave travel allowance, commutation allowance, telephone, educational allowance, leased accomodation, house rent allowance, company-provided car and driver, furniture and equipment, provident fund, gratuity and other retirement benefit contributions. Kurien will also be entitled to perquisites and allowances, like personal accident insurance and group life insurance, club fees and medical reimbursement

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