HCL announces Rs 700 cr employee bonus programme to mark $10 billion revenue milestone

HCL Technologies, the country’s third-largest software services firm, has announced a one-time bonus programme for its over 1.5 lakh employees worth Rs 700 crore to mark the milestone of the company’s revenues touching the $10 billion revenue milestone.

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

“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.