PwC announces one-time bonus for its 15,000 employees in India

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He added that the year the kind of “organisational and workplace overhaul that none of us anticipated”.

Last year, PwC India had deferred promotions, increments, and bonuses of its employees, as part of measures to conserve working capital in the middle of the pandemic.

Applauding the efforts of the employees further, Krishan said it was due to them that the company and its clients could emerge stronger from the crisis.

He added that it was because of such efforts that the company is on course to meet its goals and is optimistic about the year ahead. Krishnan, the newly elected India head of PwC, took over from Shyamal Mukherjee on January 1.

Also read: HCL Tech declares one-time bonus worth over Rs 700 cr for staff to mark $10 bn-revenue milestone

Last year, the company was among the first in the country to officially announce work-from-home for its workforce. It did so even before the government made work-from-home mandatory after a rise in COVID-19 cases. The company had also announced a special COVID insurance cover for its employees and their parents.

A few days ago, Deloitte India, too, announced bonuses and special increments over and above normal salary hikes, for its employees, indicating a bounce back in demand for advisory services as the economy continues to recover from the effects of the pandemic.