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HCL opens treasury for employees, company to give outright bonus of more than 700 crores

HCL has announced a special bonus of more than Rs 700 crore to its employees. The company has taken this decision on the occasion of earning US $ 10 billion (about Rs 72,800 crore).

The country’s major IT company HCL Technologies has made a big announcement for its employees. In fact, the company has announced a special bonus of more than Rs 700 crore to its employees.




HCL has taken this decision on the occasion of earning US $ 10 billion (about Rs 72,800 crore). HCL Tech said in a statement that special bonuses will be paid to employees in February 2021, and its impact is not included in the FY 2020-21 EBIT (interest and pre-tax income) forecasts the company reported last month.

HCL Technologies said it was “issuing a one-time special bonus to its employees worldwide, totaling more than Rs 700 crore,” to mark the 10 billion USD income level in 2020.

“On this joyous occasion, all employees with one year or more service will receive a bonus equal to ten days’ salary,” said the statement. Apparav VV, Chief Human Resource Officer, HCL Technologies said that despite the epidemic, HCL Each member of the family showed their strong commitment and passion and contributed to the development of the organization.

Meanwhile, HCL stock has seen a boom. At the end of trading, HCL’s share price was at Rs 958 (+ 1.23%). At the same time, talking about the market cap is Rs 2,59,941.98 crore.

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Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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