In one of the largest-ever employee bonus payouts in the history of India Inc, software exporter Tata Consultancy Services on Thursday announced a Rs 2,628 crore one-time bonus to staff to mark 10 years of its public listing.
The city-headquartered TCS said all employees who have completed at least one year in service will be eligible for the bonus and will get a reward equivalent of one week's salary for every year of service. As of end March, it had 3,19,656 employees.
"TCSers are well-known for their ability to execute, innovate and provide leadership in the customers' context. This special reward acknowledges the role they have played in building TCS," Chandrasekaran said.
TCS offers record Rs 2,628 crore one-time bonus to employees - IBNLive
The city-headquartered TCS said all employees who have completed at least one year in service will be eligible for the bonus and will get a reward equivalent of one week's salary for every year of service. As of end March, it had 3,19,656 employees.
"TCSers are well-known for their ability to execute, innovate and provide leadership in the customers' context. This special reward acknowledges the role they have played in building TCS," Chandrasekaran said.
TCS offers record Rs 2,628 crore one-time bonus to employees - IBNLive
