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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.