Wipro
Compensation Insight

How Wipro Pays

Band-based compensation structure (B1-E), location-adjusted pay estimates for India and select global offices, equity programs (ESOP/RSU/PSU), variable pay, insider trades, and executive compensation.

~233,000 employees globally · NSE: WIPRO · NYSE: WIT

At a Glance

Employees
233,346
Company-wide · Q4 FY25
Attrition Rate
15.0%
Company-wide · LTM Q4 FY25
CEO Compensation
₹53.6 Cr
Srinivas Pallia · FY25
Salary Hike
Mar 1, 2026
After 18-month pause (last: Sep 2024)
Locations
India
US
UK
Australia
Germany
Shown in INR

Band Hierarchy

Wipro uses a band system (B1–E) spanning 8 levels. The same bands apply across engineering, management, and functional roles globally.

Band B1
Entry Level
Project Engineer, Associate SE
0–3 yrs
Band B2
Mid-Level
Senior SE, Senior Project Engineer
3–5 yrs
Band B3
Technical Lead / Manager
Tech Lead, Manager, Module Lead, Lead Consultant
5–8 yrs
Band C1
Senior Manager
Senior Manager, Consultant, Delivery Manager
8–12 yrs
Band C2
Director
Director, Program Manager, Principal Consultant
10–15 yrs
Band D1
Senior Director
Senior Director, Practice Head, Engagement Director
15–20 yrs
Band D2
General Manager
Global Account Exec, Practice Head, Cluster Head
20+ yrs
Band E
Executive
VP, SVP, President, CEO
25+ yrs

Compensation by Band

Total CTC breakdown for Bangalore, India. All values in INR.

BandTitleBase (Range)Variable %Total CTC (Range)Equity Eligibility
Band B1
Entry Level
0–3 yrs
₹3.0L – ₹4.5L10%₹3.5L – ₹6.0LNone
Band B2
Mid-Level
3–5 yrs
₹5.0L – ₹9.0L10%₹6.0L – ₹12.0LRare
Band B3
Technical Lead / Manager
5–8 yrs
₹8.0L – ₹15.0L10%₹10.0L – ₹20.0LExceptional (selective)
Band C1
Senior Manager
8–12 yrs
₹12.0L – ₹20.0L15%₹15.0L – ₹28.0LExceptional (selective)
Band C2
Director
10–15 yrs
₹18.0L – ₹30.0L18%₹22.0L – ₹40.0LMost eligible (RSU)
Band D1
Senior Director
15–20 yrs
₹28.0L – ₹45.0L22%₹35.0L – ₹60.0LStandard (RSU/PSU)
Band D2
General Manager
20+ yrs
₹40.0L – ₹65.0L23%₹50.0L – ₹80.0LSignificant (RSU/PSU)
E
Executive (VP–CXO)
20+ yrs
₹80.0L – ₹3.0 Cr30%₹80.0L – ₹15.0 CrOptions/RSU/PSU
E (CEO)
CEO & MD
Board appointed
₹5.0 Cr30%₹53.6 CrOptions/RSU/PSU

CTC Range by Band

Excluding Band E (executive range distorts scale).

Band B1₹4L₹6LBand B2₹6L₹12LBand B3₹10L₹20LBand C1₹15L₹28LBand C2₹22L₹40LBand D1₹35L₹60LBand D2₹50L₹80L₹0K₹20L₹40L₹60L₹80L

Global Pay Comparison by Band

Estimated total CTC ranges across key locations.

Band
India (Bangalore)
INR
US (San Francisco)
USD
US (Dallas)
USD
UK (London)
GBP
Australia (Sydney)
AUD
Germany (Frankfurt)
EUR
Band B1
Entry Level
₹3.5L ₹6.0L$75K $100K$65K $85K£32K £45KA$58K A$75K€42K €55K
Band B3
Technical Lead / Manager
₹10.0L ₹20.0L$115K $155K$90K $120K£60K £85KA$95K A$135K€60K €80K
Band C2
Director
₹22.0L ₹40.0L$145K $195K$110K $160K£85K £130KA$145K A$195K€85K €115K
Band D1
Senior Director
₹35.0L ₹60.0L$185K $260K$150K $210K£110K £170KA$180K A$245K€105K €145K

Variable Pay Structure

Quarterly payouts. Percentage of CTC varies by band. Paid in 2nd month of following quarter.

B1
10%
Company performance
B2
10%
Company performance
B3
10%
Company performance
C1
15%
Company performance
C2
18%
Company + BU
D1
22%
50% BU + 50% Company
D2
23%
50% BU + 50% Company
E
30%
BU + Company + Individual

Recent Payout History

QuarterB1–B3C1–C2D1–E
Q1 FY26~90%~90%Perf-linked
Q2 FY26~90%~90%Perf-linked
Q3 FY26100%100%Perf-linked

Equity — ESOP, RSU & PSU

Equity is the main equity mechanism for eligible bands at Wipro, primarily C2+ with selective B3/C1 exceptions.

Equity Instrument Definitions

Stock Options (ESOPs)
Right to purchase shares at a pre-set strike price within an exercise window. Value depends on share price appreciation above strike price. Employee pays strike price on exercise.
Restricted Stock Units (RSUs)
Promise of shares delivered on vesting. No exercise required and no upfront cost. Value equals full share price at vest. ADS RSUs (Plan 2004) settle in NYSE-listed ADS; India RSUs (Plan 2007) settle in BSE/NSE shares.
Performance Stock Units (PSUs)
Conditional RSUs that vest based on performance targets set by the NRC. Can vest partially (0–150%+ of target) depending on achievement of metrics. Primarily used for Band E executives.

Active Plans

WESOP 2000
Stock OptionsLegacy, mostly exercised
ADS RSU Plan 2004
RSUs (ADS-settled)Active — US-listed ADS shares (NYSE: WIT)
RSU Plan 2007
RSUs (BSE/NSE shares)Active — primary India plan
ESOP/PSU/RSU 2024
Options + RSU + PSULatest scheme, approved by shareholders

Vesting Schedule

Vesting is grant-specific and NRC-determined; schedules vary by plan and individual grant. The example below shows a common cumulative vesting pattern.

Year 1
25%
Year 2
50%
Year 3
75%
Year 4
100%

Equity Lifecycle: Grant to Sale

1Grant

NRC approves equity allocation. You receive a grant letter specifying instrument type, number of units, vesting schedule, and exercise price (if options).

2Vest

Units become exercisable per schedule. For RSUs, shares are delivered to your demat/brokerage account. For options, you now have the right (not obligation) to exercise.

3Exercise

For stock options only: you pay the strike price to convert options into shares. RSUs auto-settle (no exercise needed). Tax is triggered at this point (perquisite value).

4Sell

You sell shares on the open market (BSE/NSE for India shares, NYSE for ADS). Capital gains tax applies based on holding period from vest/exercise date.

India Taxation — Illustrative Example

Tax rates and thresholds change by Finance Act. This is an illustrative example only — verify current rates with a tax advisor.
At Vest/Exercise — Perquisite Tax
The difference between fair market value (FMV) on vest/exercise date and exercise price (₹0 for RSUs) is taxed as salary income (perquisite). Employer deducts TDS at applicable slab rate. Example: 1,000 RSUs vest at FMV ₹250/share = ₹2,50,000 perquisite. At 30% slab → ₹75,000 TDS. Many employees use "sell-to-cover" — selling a portion of vested shares to fund the tax liability.
At Sale — Capital Gains Tax
Gains above FMV at vest are capital gains. Holding period starts from vest/exercise date. Short-term (<12 months for listed equity): taxed at 20%. Long-term (≥12 months): taxed at 12.5% above ₹1.25L exemption.

Equity Eligibility by Band

BandEligibilityTypical Grant (shares)Est. Annual Value
B1–B2Not eligible
B3Exceptional only500–2,000₹1–3L
C1Selective1,000–5,000₹2.5–10L
C2Most eligible3,000–15,000₹5–15L
D1Standard10,000–50,000₹10L–30L
D2Standard30,000–150,000₹15L–50L
EStandard + PSU100K–1.7M+₹50L–40+Cr

Recent Grant Activity

  • May 3, 2025 · Grant · 2024 Scheme
    17M+ RSUs/ADS RSUs granted. Counts are post-bonus adjustment (1:1 bonus in Jun 2019).
  • Feb 6, 2026 · Allotment · 2004 & 2007 Plans
    378,185 equity shares allotted (188K under ADS RSU Plan 2004 + 190K under RSU Plan 2007).
  • Jan 31, 2026 · Allotment · 2007 Plan
    154,549 equity shares allotted to employees whose RSUs vested.
  • Sep 2025 · Grant · ADS RSU Plan 2004
    234,657 ADS RSUs granted to identified employees.

Grant = new equity allocated to employees. Allotment = shares issued upon vesting of previously granted equity.

Corporate actions note: Bonus issues and stock splits adjust option/RSU counts and exercise prices. Wipro's last bonus issue was 1:1 in June 2019, which doubled share counts and halved exercise prices. All figures in this report are presented on a post-adjustment (current) basis unless otherwise noted.

2024 Scheme — Plan Specification

Pool Size
Up to 157.5M equity shares (~1.5% of paid-up capital)
Max Individual Limit
Determined by NRC per grant cycle
Instruments
Stock Options, RSUs, and PSUs
Vesting
As determined by NRC; minimum 1-year cliff
Exercise Period
Per grant letter; options must be exercised within window
Shareholder Approval
Jul 2024 (AGM resolution)

Dilution & Capital Context

Shares Outstanding
~10.45B (as of Q4 FY25)
ESOP Pool (2024 Scheme)
~157.5M shares (~1.5% dilution)
Total ESOP Dilution (all plans)
~2.5% of outstanding shares
Recent Buyback
₹12,000 Cr (Dec 2023), at ₹445/share
Dividend Yield
~0.3% (FY25, ₹1/share)

Insider Trades & ESOP Exercises

Reading insider trades: Many "disposals" shown below are tax-driven sell-to-cover transactions following equity vesting or exercise — the employee sells a portion of shares to fund TDS/tax liability. These are not necessarily bearish insider selling signals.
DatePersonRoleTypeSharesPrice (₹)Value
Feb 10, 2026Ann Kathrin Sauthoff BlochDesignated PersonAcquisition54,645226.9₹1.2 Cr
Feb 10, 2026Rajath NarayanDesignated PersonAcquisition32,220226.9₹73.1L
Feb 10, 2026Ann Kathrin Sauthoff BlochDesignated PersonDisposal23,950226.9₹54.3L
Feb 6, 2026Nidhi AroraDesignated PersonDisposal2,090239.6₹5.0L
Jan 29, 2026James ArnettDesignated PersonDisposal23,445236.9₹55.5L
Jan 29, 2026Sorabh SinghalDesignated PersonDisposal3,035238.5₹7.2L
Dec 16, 2025Malay JoshiCEO, Americas 1Disposal300,000255.5₹7.7 Cr
Dec 12, 2025Vinay FirakeCEO, APMEADisposal150,000258.9₹3.9 Cr
Dec 8, 2025Sriram NarasimhanConnected PersonDisposal71,500256.8₹1.8 Cr
Feb 24, 2025Malay JoshiCEO, Americas 1Disposal214,750316.9₹6.8 Cr

Promoter Group (SAST)

Jun 2025 — ~119M shares transferred inter-se between Premji family entities. Transfer from Prazim Traders LLP (seller) to Hasham Traders LLP (buyer), both promoter-group entities. This was an internal restructuring of promoter holdings, not a market sale.


Executive Compensation — FY2025

CEO & MD — Srinivas Pallia
₹53.6 Cr
Salary & Allowances14.7 Cr (27%)
Variable Pay14.7 Cr (27%)
Other Compensation24.2 Cr (45%)
Total Cash + Other53.6 Cr (100%)
Stock Options Outstanding
Unvested + exercisable, as of Mar 31, 2025
16,77,202 options
PSU Grants
Performance-linked, subject to NRC targets
$2.6M in PSUs
Executive Chairman — Rishad Premji
₹13.7 Cr
Doubled from FY24 (₹6.4 Cr)
CEO Comp Breakdown
27%
27%
45%
Salary (₹14.7 Cr)
Variable (₹14.7 Cr)
Other (₹24.2 Cr)
IT Services CEO Comparison — FY25
HCLTech
C Vijayakumar
~₹85 Cr
Infosys
Salil Parekh
~₹85 Cr
Wipro
Srinivas Pallia
₹53.6 Cr
TCS
K Krithivasan
~₹26.5 Cr

Band E — Senior Leadership

Executive compensation at Wipro includes base salary, variable pay (25–35%), RSU/PSU grants, and commission on incremental profits.

Vice President (VP)
₹80.0L – ₹1.5 Cr
Senior VP (SVP)
₹1.5 Cr – ₹3.0 Cr
President
₹3.0 Cr – ₹8.0 Cr
Chief Officers (CXO)
₹5.0 Cr – ₹15.0 Cr
CEO & MD
₹53.6 Cr

Benefits & Perks

India

Provident Fund (PF)
12% employer (EPF) + 12% employee contribution. Of employer's 12%, 8.33% goes to EPS (capped at ₹15,000/month basic) and 3.67% to EPF. PF applies on basic salary up to statutory wage ceiling.
Gratuity
Per Payment of Gratuity Act (after 5 yrs continuous service)
Health Insurance
Self + family; optional top-up plans for parents
Leave Policy
6 CL + 5 SL + 21 EL (1.75/month earned)
Maternity Leave
26 weeks as per Maternity Benefit Act
Food Coupons
Tax-exempt meal allowance (Sodexo/equivalent)
NPS
Optional contribution with Sec 80CCD tax benefits
LTA
Leave Travel Allowance (tax-exempt under Sec 10(5))

United States

Health Insurance
Medical, dental, vision — employer-subsidized
401(k)
Retirement plan with employer match
PTO
Paid vacation + sick leave
Life Insurance
Group coverage
Equity
For eligible bands (C2+). Often ADS-based for US employees (NYSE: WIT), plan-dependent. Vesting/settlement through designated brokerage.

Global

  • Hybrid / flexible work arrangements
  • Training & certification (Wipro Talent Next)
  • Internal job marketplace
  • Employee Assistance Program (EAP)
  • Tuition reimbursement

ADS RSU Explainer — US Employees

What is an ADS?
American Depositary Shares (ticker: WIT on NYSE). Each ADS represents one equity share of Wipro. US-based employees typically receive equity under the ADS RSU Plan 2004.
Vesting & Settlement
ADS RSUs vest per grant schedule. On vesting, shares are deposited into your designated US brokerage account. No exercise action needed — RSUs auto-settle into ADS shares.
US Tax Treatment (High-Level)
At vest: fair market value is taxed as ordinary income (W-2). Employer withholds taxes, typically via sell-to-cover. At sale: gains above FMV at vest are capital gains — short-term if held <1 year, long-term if held ≥1 year. Consult a tax advisor for specifics.

Performance & Pay Progression

Annual appraisal cycle (April–March). Typical increments: 6–12%. Promotions: 15–25% jump.

Promotion Timeline & Hike

B1B2
2–3 yrs
10–12%
B2B3
2–3 yrs
12–15%
B3C1
3–4 yrs
15–20%
C1C2
3–5 yrs
15–20%
C2D1
4–6 yrs
20–25% + equity
D1D2
5–8 yrs
20–30% + equity
D2E
Not time-bound
Board/NRC decision

Offer Negotiation Benchmarks

What HR typically offers
  • Standard band-level CTC as per internal pay matrix
  • 10% variable for B1–B3 (non-negotiable component)
  • No equity below C2 unless exceptional case
  • Standard benefits package (no negotiation room)
What candidates report negotiating
  • Lateral hires at B3+: 20–40% above internal band midpoint
  • Signing bonus for C1+: ₹2–5L (reported, not standard)
  • Joining at a higher band than offered initially
  • RSU ask for C1 laterals (sometimes granted as exception)

Key Nuances & Insights

01India-centric pay model

~85% of employees are in India. Pay bands are designed around Indian market rates. US/Europe salaries are set by local necessity (H1B minimums, local competition).

02Variable pay carries real downside risk

At B1–B3, ~10% of CTC is variable. In weaker quarters, Wipro has paid 0–70% of variable. Recent full payouts are positive but not guaranteed going forward.

03Equity primarily starts at C2+

Unlike product companies where equity is core to most offers, Wipro reserves stock grants primarily for C2 (Director) and above, with selective exceptions at B3/C1. The majority of employees (B1–C1) have limited or no equity component.

04H1B compensation trails US product-company market

Wipro's median H1B salary (~$90K) is below Big Tech ($180K+). This reflects the IT services staffing model vs. product company model — different business economics, not an anomaly.

05Band is the strongest predictor of comp range

Your band is the primary determinant of compensation range. Lateral hires are reported to negotiate meaningfully higher than internal promotees at the same band — estimated 20–40% premium.

06Promotion-driven growth vs. increments

Salary growth is primarily driven by band promotions (15–25% jumps) not annual increments (6–12%). Getting stuck at a band for 3+ years limits earning potential.

07Insider trades reflect equity concentration at top

Senior leaders (D2/E) regularly exercise large ESOP grants. Many disclosed disposals are sell-to-cover (tax-driven), not bearish selling. Equity concentration at senior levels is a structural feature of Indian IT services.

08Global pay multiplier is significant

A B3 Tech Lead in India earns ₹10–20L (~$12–24K) while the same band in Silicon Valley pays $115–155K — a 5–10x multiplier. This reflects the IT services offshoring model. Exact multipliers vary by band, role, and location.


Compensation Tools

Quick estimators to model your compensation. All results are approximate.

RSU Value Estimator

Total pre-tax value2,50,000
Annualized value62,500/yr
Est. tax at vest (30% slab)-₹75,000
Post-tax value (approx.)1,75,000

Simplified estimate. Actual tax depends on slab, surcharge, cess, and timing. Does not include capital gains on subsequent sale.

CTC to In-Hand (India)

CTC Breakdown

Basic salary (40%)4,80,000
Employer PF (12% of basic)57,600
Gratuity (~4.81% of basic)23,088
Variable pay (10%)1,20,000
Insurance + benefits49,000
Employee PF deduction-₹57,600
Est. income tax (new regime)-₹56,410
Est. monthly in-hand88,575

Approximate. Assumes new tax regime, B1–B3 variable (10%), and standard deductions. Actual in-hand depends on HRA, special allowances, tax regime choice, and variable payout %. Verify with your offer letter.


Frequently Asked Questions

Common questions about Wipro compensation, equity, and benefits.


Recent Compensation News

Feb 12, 2026
Salary hikes from March 1
End of 18-month pause on increments for all employees
Feb 2026
100% variable pay for Q3 FY26
Full quarterly variable paid to all bands
Jan 2026
378K+ shares allotted under ESOP
Continuing RSU distribution under 2004 & 2007 plans
May 2025
17M+ RSUs granted
Grant under 2024 scheme to incentivize retention
May 2025
CEO Pallia earned ₹53.6 Cr in FY25
Total remuneration per annual report
May 2025
Chairman Premji's pay doubled
From ₹6.4 Cr to ₹13.7 Cr in FY25
Sep 2024
Last increment cycle
Hikes paused after Sep 2024 due to business uncertainty
Last updated February 14, 2026