HCL's big incentive for top performer employees - A brand new Mercedes-Benz
3 years, 5 months ago

HCL's big incentive for top performer employees - A brand new Mercedes-Benz

India TV News  

IT major HCL Technologies is planning to reward top performers with a brand new Mercedes-Benz. Explaining the rationale, Apparao VV, the Chief Human Resources Officer, said that the company pays 15 to 20 per cent extra at the time of hiring a replacement. The Noida headquartered company started off as a technology hardware company, manufacturing the country's first indigenous computers and then evolved into a more comprehensive software services global organisation. The company is credited with the first 'Made in India' IT product innovations with the first 8-bit microprocessor-based computer in 1978 and world's first fine-grained multi-processor UNIX installation in 1989, among others.

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History of this topic

HCL Tech CEO Vijayakumar says may hire 10,000 freshers, take full advantage of GenAI opportunities
8 months, 1 week ago

HCL Tech CEO Vijayakumar says may hire 10,000 freshers, take full advantage of GenAI opportunities

Hindustan Times  

HCL Technologies, which is India's third largest IT company after TCS and Infosys, recently reported a flat year-on-year net profit growth while announcing its Q4 results at ₹3,986 crore. HCL Tech is going to hire as many as 10,000 freshers depending on how the year actually pans out, says CEO Vijayakumar. Vijayakumar explained that HCL Tech added as many as …

HCL Technologies Attrition Rate Rises to 23.8%, Adds Over 6,000 Freshers in Q1FY23
2 years, 5 months ago

HCL Technologies Attrition Rate Rises to 23.8%, Adds Over 6,000 Freshers in Q1FY23

News 18  

Software firm HCL Technologies on Tuesday, July 12, announced that it had hired a total of 6.089 freshers for the quarter ended June 2022, with a total headcount of 210,966 employees at the global level. However, the attrition level still stood high at 23.8 per cent at the end of the first quarter of FY23, data released by HCL Tech …

HCL Plans on Rewarding Top Performers with a Mercedes-Benz
3 years, 5 months ago

HCL Plans on Rewarding Top Performers with a Mercedes-Benz

News 18  

Information Technology firms are bolstering their efforts to bring down their attrition rate and bring up their employee retention rate. But a cloud professional can’t be hired at the same price point,” He went on to add in the report that the company at present has a good retention package with a three-year cash-based incentive scheme which is around 50 …

HCL Technologies Employees to Get Bonus Worth Rs 700 Crore as Firm Crosses $10-billion Milestone
3 years, 11 months ago

HCL Technologies Employees to Get Bonus Worth Rs 700 Crore as Firm Crosses $10-billion Milestone

News 18  

The HCL Technologies on Monday announced a one-time special bonus worth over Rs 700 crore for its employees worldwide as a mark of appreciation of their performance that led the company to surpass the $10-billion milestone in revenues for the pandemic-hit 2020. Hailing the milestone as a “historic” feat, the HCL acknowledged employees’ consistent achievements, long-term relationships with leading companies …

HCL Technologies completes acquisition of select IBM products
5 years, 6 months ago

HCL Technologies completes acquisition of select IBM products

Live Mint  

HCL Technologies has completed the planned acquisition of select IBM products for security, marketing, commerce and digital solutions. Last December, HCL Technologies had announced that it will acquire select IBM software products for 1.8 billion dollars in an all-cash deal. HCL also mentioned the introduction of HCL Software, a new division that will operate this enterprise software product business and …

HCL Technologies announces close of acquisition of select IBM products
5 years, 6 months ago

HCL Technologies announces close of acquisition of select IBM products

Live Mint  

HCL Technologies, a leading global technology company, today confirmed the official close at the end of June 2019 the previously announced acquisition of select IBM products for security, marketing, commerce, and digital solutions. A Business Unit of “Products and Platforms", HCL Software has successfully delivered more than 340 partner releases and more than 90 HCL releases, including such popular products …

IBM products help HCL fastest growth among five largest IT firms.
5 years, 8 months ago

IBM products help HCL fastest growth among five largest IT firms.

Live Mint  

HCL Technologies Ltd on Thursday announced a 3.5% sequential increase in its dollar revenue for the January-March quarter, the highest among large companies in India’s $167 billion information technology outsourcing sector. HCL Tech’s dollar revenue improved 3.5% sequentially to $2.28 billion in the quarter, while in constant currency terms, the company’s revenue rose 3.3% on a sequential basis. “We are …

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