Saturday, September 27, 2025
spot_img

Synechron Rewards Global Workforce with Stock Units

spot_img
- Advertisement -

Synechron, a leading digital transformation consulting firm, has announced the distribution of restricted stock units (RSUs) to all employees worldwide after surpassing $1 billion in annual revenue.

The milestone, achieved in the current fiscal year, marks a significant moment in the company’s 24-year journey from a self-funded startup to a global enterprise.

Founded in 2001 by Faisal Husain in New York City, Synechron has grown steadily through organic expansion and strategic client partnerships.

Today, the company operates across 59 offices in 21 countries, employing over 16,000 professionals.

Its client base includes more than 200 marquee financial institutions, reflecting its deep specialization in banking, financial services, and insurance (BFSI) domains.

RSUs as a Symbol of Shared Success

The decision to grant RSUs to all employees is intended to recognize their role in building Synechron into a billion-dollar business.

“Crossing a billion dollars in revenue is a testament to the dedication of our employees and the trust of our clients and partners over the past 24 years,” said Faisal Husain, Co-founder and CEO.

“By granting RSUs to our employees, we’re ensuring that everyone who helped us reach this milestone shares in its rewards.”

Mihir Shah, President of Synechron, echoed the sentiment, emphasizing that the achievement is not just financial but cultural.

“This moment isn’t just about financial success—it’s a tribute to the people, clients, and partners that made it possible,” he said.

The RSU distribution strengthens employee ownership and aligns the workforce with the company’s long-term goals.

It also reinforces Synechron’s commitment to retaining talent and fostering a sense of belonging across its global teams.

Innovation and Client-Centric Growth

Synechron’s growth has been driven by its focus on delivering cutting-edge solutions in artificial intelligence, cloud computing, data analytics, DevOps, cybersecurity, and digital transformation.

Through its research and development arm, FinLabs, the company has developed award-winning prototypes and platforms tailored to evolving client needs.

The firm’s ability to combine technical innovation with strong client relationships has been central to its success.

Its agile delivery model has helped it stay responsive to changing client needs.

Its domain expertise has ensured continued relevance in the fast-evolving technology landscape, especially within financial services.

A Culture of Resilience and Global Collaboration at Synechron

From its early days as a bootstrapped startup, Synechron has cultivated a culture of resilience, adaptability, and global collaboration.

The company has consistently invested in employee development, diversity, and inclusion, positioning itself as a people-first organization.

The RSU initiative is part of a broader strategy to deepen employee engagement and reward long-term contributions.

It also signals Synechron’s intent to remain competitive in attracting and retaining top talent. Equity-based incentives are becoming increasingly valued in today’s market.


Note: We are also on WhatsApp, LinkedIn, and YouTube to get the latest news updates. Subscribe to our Channels. WhatsApp– Click HereYouTube – Click Here, and LinkedIn– Click Here.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Sonata Software ropes in Wipro’s Rashmi Prabha as VP- HR

Sonata Software, a leading modernization engineering company, has appointed Rashmi...

India Funds Global Skills Gap Study Under G20 Initiative

India has taken a significant step towards addressing global...

Google Cuts 75 Jobs from TV Division, Plans Hiring in India

Google has laid off approximately 75 employees—about 25% of...

Importance of Employee Incentives Programs

Importance of Employee Incentives Programs Ever felt the lack of...

Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing...

Wells Fargo Elevates Prakash Babu as Managing Director

Prakash Babu has been promoted to Managing Director at...

APL Apollo Tubes Welcomes Pankaj Sharma as Chief HR Officer

APL Apollo Tubes Limited, a leading manufacturer of structural...

Accenture to Hire Over 30,000 Professionals Across India

Accenture, the multinational professional services company known for its...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus