HCL Technologies declares 700 crore one-time bonus for employees

HCL Technologies declares 700 crore one-time bonus for employees

IT major HCL Technologies on Monday declared an exceptional one-time reward for workers worth ₹700 crore, to stamp the intersection of $10 billion income achievement in 2020.

“…In celebration and gratitude. all employees with one year of service or greater will receive a bonus, the equivalent of ten days’ salary,” the company said in a statement.

“Our employees are our most valuable asset. Despite an unrelenting pandemic, each and every member of our HCL family has demonstrated immense commitment and passion, contributing to the growth of the organization. The $10B revenue milestone is a testament of our remarkable resilience as an organization and the entrepreneurial spirit of our 159,000+ employees. With this gesture, we want to sincerely express our gratitude to our employees and their families for all their support,” the statement from Apparao V.V., Chief Human Resources Officer, HCL Technologies said.

The extraordinary bonus will be paid to representatives in February 2021, adding up to roughly $90 million or more finance charges in certain nations, the effect of which is avoided from the FY21 EBIT direction given by the organization a month ago, it added.

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