ACCENTURE MAKES 'BIG ANNOUNCEMENT' ON BONUS AND PROMOTIONS FOR EMPLOYEES - REPORT 

Top multinational company Accenture has rolled out bonuses to its two lakh employees in India. The company also plans a significant level of promotions in the December cycle. 

As per Times of India (ToI) report, the biannual bonus payout in November was at 75 percent of the target amount, which is said to be higher than what was paid in May. The company has given salary increases to junior and mid-level employees in the range of 6 percent-11 percent.

When the company was asked about it, Accenture did not comment on the quantum of the bonus payouts, hikes or the number of promotions it plans to give out.

“In addition to training, we have given meaningful pay raises and bonuses aligned to our fiscal year 2020 performance. We are planning for a significant level of promotions in our December cycle and remain deeply committed to pay equity,” the company’s spokesperson said. 

Amid global crisis, Accenture continues to hire tech talent in India. Not just that the company has also delivered on its training commitments to its people. 

"We increased training hours by 6 percent, spending approximately $900 million and leveraging our robust digital learning platforms. Since March 1, 2020, in our technology services alone, we trained more than 70,000 of our people in the hot skills needed by our clients, including cloud and infrastructure collaboration tools,” the company added.

Earlier in September, ToI wrote that Accenture is laying off 5 percent of its global workforce which means 10,000 employees from the two lakh workforce.