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HCL Tech giving Rs 650 cr special bonus to staff

Special Bonus by HCL Tech

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).

“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.

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.