Categories: Economy

HCL Tech giving Rs 650 cr special bonus to staff

<p>
HCL Tech, the country's third largest IT company, on Monday announced a one-time special bonus to employees around the world as its revenue  crossed the $10 billion mark in 2020. The bonus will be paid to employees in February 2021 and will amount to around $90 million (Rs 650 crore).</p>
<p>
“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 $10 billion  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,” said Apparao VV, chief human resources officer, HCL Technologies.</p>
<p>
The company had recorded a year-on-year growth of 3.6 per cent and displaced Wipro from the third spot in the pecking order. HCL Tech is now ranked TCs and Infosys the country's top two software companies.</p>

IN Bureau

Recent Posts

Protests erupt across PoGB over Kurram attack, shia community seeks justice

Protest demonstrations broke out across different areas of Pakistan-occupied Gilgit-Baltistan after Friday prayers, with thousands…

2 days ago

UKPNP Slams Pakistan’s Unconstitutional Presidential Order in PoJK

Jamil Maqsood, the President of the Foreign Affairs Committee of the United Kashmir People's National…

2 days ago

Meeting of ASEAN-India Trade in Goods Agreement committee concludes in Delhi

The 6th meeting of the ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee concluded in…

2 days ago

US adds 29 Chinese firms to Uyghur Forced Labor Prevention Act Entity list

The US Department of Homeland Security (DHS), on behalf of the Forced Labor Enforcement Task…

2 days ago

Tibetan Parliament-in-Exile calls for UK’s action on China’s Abuses

A delegation from the Tibetan Parliament-in-Exile (TPiE), led by Speaker Khenpo Sonam Tenphel and accompanied…

2 days ago

Indian Dornier 228 aircraft flypast on the sidelines of India-CARICOM Summit

On the sidelines of the 2nd India-CARICOM Summit, leaders of the member countries witnessed a…

2 days ago