HCL Tech announces special one-time bonus for employees worth ₹700 crore

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.

Achieving this historic milestone– just twenty years since HCL Technologies’ IPO – is a testament to the passionate efforts and consistent achievements of its employees, HCL Tech said in a statement.