HCL Technologies has announced that it is issuing a one-time special bonus to employees around the world. The company has taken this decision in recognition of its recent milestone of crossing the $10B mark in Revenue for 2020. Achieving this historic milestone in technology, business and engineering services and software – just twenty years since HCL Technologies’ IPO – is a testament to the passionate efforts and consistent achievements of its employees, said a statement from the company. 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. The $10B 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.
The special bonus will be paid to employees in February 2021, amounting to approximately $90M plus payroll taxes in some countries, the impact of which is excluded from the FY21 EBIT guidance provided by the company last month. The company is also on-boarding 2000 new freshers and experienced professionals this month in Nagpur and Vijaywada.
HCL Technologies Ltd (HCL) announced its plans to hire over 2000 freshers and experienced professionals at HCL campus in MIHAN, Nagpur, and for the company’s Global IT Development Center at Gannavaram, Vijayawada, and Andhra Pradesh.