Do workers in India have no rights? Why do they work for nothing when their CEOs make millions?

Question

See the compensation for this company that has 99% of its work force in india:

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=CTSH

Top Compensated Officers

Mr. Francisco D'Souza

Chief Executive Officer, President and Direct...

Age: 38

Total Annual Compensation: $432.0K

Then check his total compensation:

http://investing.businessweek.com/research/stocks/people/person.asp?personId=386042&symbol=CTSH.O

Total Annual Compensation $432,000

STOCK OPTIONS*

Restricted Stock Awards $66,175

All Other Compensation $7,750

Exercised Options 70,000

Exercised Values $2,935,975

Exercisable Options 832,500

Exercisable Values $22,251,975

Unexercisable Options 187,500

Unexercisable Values $43,125

Total Value of Options $25,231,075

Total Number of Options 1,090,000

TOTAL COMPENSATION*

Total Annual Cash Compensation $778,651

Total Short Term Compensation $432,000

Other Long Term Compensation $73,925

Total Calculated Compensation $1,777,883

Answer 1

They get paid a fair wage and are more than happy with there work.  If they wernt working someone else would gladly take there job.  Thats basic economics

Answer 2

unable understand what r u trying to say. this is happening in each and every country. the salary.perks of CEO s all across the world are like this . Indian has the best unions in the world and workers do have all they rights they wont enjoy even in USA.Why talk about India only. Please see the details of Coca Cola company in US. compare the salary of the CEO with the salaries given to ordinaly workers working for coke IN USA itself. your will come to know that the salary/perks u have quoted in your question just fade away in front of what coke or pepsi ceo gets. u have just got hold of one companies details  try to see details of all big corporations in US ( or anyother country ) , see the earnings of their CEOs and the earning of normal manager. You will get shocked. this is happening all over the world and is quite a normal routine. u dont have to point ur fingers at India only. broaden your knowledge and do more research.

Answer 3

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You know why does an IAS officer needs to have that much power? Even clerk can have the same power.  When someone invest the money he will not give the management to some Tom, d**k, Harry. He will look for some skills that skilled person can ask the compensation suitable for him



Like Sports star these are products. If they do not take it will also go to owner’s packet

Because he manages those workers. He is responsible if the company makes loss or profit.  It is like asking why engineer and construction workers are not getting the same wages.

Even if you mange the small company you know what are nuisances of managing the people and money.  He is capable of taking that learned decision. Reading the accounts between the lines. Unless he has not proven his capacity  no one will pay him that.

Read some thing about the management. Why someone has to go for management school? To learn these skill

Answer 4

This is how it is in every country.... not only India.

Answer 5

they know everything but the fact is they don't know how to use their rights.