Tuesday, May 17, 2022
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Business | Hcl Tech Announces Rs 700 Cr One Time Bonus For Employees

HCL Tech announces Rs 700 cr one-time bonus for employees

By IANS
Published: Published Date - 01:07 PM, Mon - 8 February 21
It added that in celebration and gratitude, all employees with one year of service or greater will receive a bonus, the equivalent of ten days' salary.

New Delhi: HCL Technologies (HCL) on Monday announced to issue a one-time special bonus worth over Rs 700 crore to employees around the world in recognition of its recent milestone of crossing the $10 billion mark in revenue for 2020.

“Achieving this historic milestone in technology, business and engineering services and software, just 20 years since HCL Technologies’ IPO, is a testament to the passionate efforts and consistent achievements of its employees, many long term, deep relationships with leading companies across all industries and a leading network of partners and stakeholders,” said a company statement.

It added that in celebration and gratitude, all employees with one year of service or greater will receive a bonus, the equivalent of ten days’ salary.

“The $10 billion revenue milestone is a testament of our remarkable resilience as an organisation and the entrepreneurial spirit of our over 1,59,000 employees. With this gesture, we want to sincerely express our gratitude to our employees and their families for all their support,” said Apparao V.V., Chief Human Resources Officer, HCL Technologies.

The special bonus will be paid to employees in February 2021, amounting to approximately $90 million plus payroll taxes in some countries, the impact of which is excluded from the FY21 EBIT guidance provided by the company last month.

  • Follow Us :
  • Tags
  • Apparao V.V
  • EBIT
  • employees
  • HCL Technologies (HCL)

Related News

  • Dubai introduces job insurance scheme for all workers

  • Members of TNGOs meet Harish Rao, seek Trust Board for employees

  • No more Monday blues for techies 

  • 71 per cent employees choose remote work over promotion

  • Telangana: Dreams of contract employees fulfilled after decades of ordeal

  • Nvidia data breach exposes data of 71,000 employees: Report

Latest News

  • Hyderabad’s popular restaurant, Voila, launches new menu

    4 mins ago
  • Tamil films on Netflix that you can’t miss this summer

    25 mins ago
  • Allu Arjun shows how he is an environmental activist

    30 mins ago
  • TSRTC starts an exclusive bus service to Ananthagiri Hills

    24 mins ago
  • Karimnagar: Vaaradhi mobile app launched to help job aspirants

    1 hour ago
  • Tension in Khammam as BJP workers stage protest

    1 hour ago
  • Nalgonda: Vijayapuri police bust inter-state pocketpickers gang; Rs 6 lakh case seized

    1 hour ago
  • Puvvada Ajay Kumar serves legal notice to Teenmar Mallanna

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam