Tata Consultancy Services, on Thursday, said it will pay its employees a one-time bonus to mark the 10th anniversary of the company’s Initial Public Offering (IPO).
The total consideration for this bonus will be Rs. 2,628 crore, it added.
All employees who have completed at least one year of service will be eligible for the special bonus payment.
Each employee will be given a reward equivalent to one week’s salary for every year of service completed at TCS, it added.
“Today, we act as a strategic partner to many global customers and TCSers are well—known for their ability to execute, innovate and provide leadership in the customer’s context,” CEO and managing director N. Chandrasekaran said.
