Accenture, one of the largest IT companies in the world, has announced its decision to provide all employees below the position of managing director with a onetime bonus. This bonus has been announced to recognise the exceptional contributions and dedication of all Accenture employees to its clients during this challenging year, said a statement from the company. Employees will receive a bonus amounting to one week of base pay. This decision was announced as part of the second-quarter results for Fiscal 2021 declared by the company on 18 March 2021.
Julie Sweet, chief executive officer, Accenture, said: “With our outstanding second-quarter financial results, we have returned to overall pre-pandemic growth ahead of expectations while continuing to take market share faster than before the pandemic. We have seen another quarter of strong, broad-based demand for our services across geographic markets and industries, and delivered record new bookings as well as excellent profitability and free cash flow. “Our performance reflects the power of our laser focus on creating client value and being a trusted partner, incredibly talented people and unwavering commitment to inclusion and diversity, strong ecosystem partnerships, and the substantial investments we have made year in and year out since we set out to be the leader in digital, cloud and security and continuous innovation. We are proud to be helping our clients not only recover and rebuild but also reimagine their futures.”
The company reported rfinancial results for the second quarter of fiscal 2021, ended 28 February 2021, with revenues of $12.1 billion, an increase of 8% in US dollars and 5% in local currency over the same period last year. Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs.