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Technology company HCL Technologies (HCL) on Monday announced that in recognition of its recent milestone, crossing the $10 billion mark in Revenue for 2020, it is issuing a one-time special bonus to employees around the world.

Achieving this 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, many long term, deep relationships with leading companies across all industries and a leading network of partners and stakeholders, the company said. 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 organisation. The $10 billion revenue milestone is a testament of our remarkable resilience as an organisation and the entrepreneurial spirit of our over 159,000 employees. With this gesture, we want to sincerely express our gratitude to our employees and their families for all their support,” said HCL Technologies Chief Human Resources Officer Apparao VV.

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.

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