HCL Tech announces special one-time bonus for employees worth ₹700 crore
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Staff Writer from livemint said that IT services major HCL Technologies (HCL) today announced it is issuing a one-time special bonus worth ₹700 crore to employees around the world, in recognition of its recent milestone of crossing the $10 billion mark in revenue for 2020. All employees with one year of service or greater will receive a bonus, the equivalent of ten days’ salary.
As of December 31, 2020, HCL’s full time employee headcount stood at 159,682. HCL Tech’s revenue had crossed $10 billion milestone in calendar year 2020, delivering 3.6% YoY growth in constant currency.
ion plus payroll taxes in some countries, the impact of which is excluded from the FY21 EBIT guidance provided by the company last month, HCL Tech said.
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