Accenture to give one-week base pay as a one-time bonus

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Accenture to give one-week base pay as a one-time bonus

IT and professional services company Accenture on Thursday said it will give one week of base pay as a one-time bonus to all its 5 lakh employees across the world for their contribution during the challenging year.

The move will benefit around 2 lakh employees the company has in India.

Accenture recorded 8 per cent growth in revenue at USD 12.09 billion for the second quarter ended February 28, 2021.

The company’s net income for the quarter was USD 1.46 billion, compared to USD 1.25 billion for the second quarter last year.

“The company also announced a one-time bonus equal to one week of base pay, for its people below managing director. This bonus recognizes the exceptional contributions and dedication of all Accenture people to its clients during this challenging year,” the firm said in its financial performance report.

The company recorded a 13 per cent increase in new bookings for the second quarter at USD 16 billion compared to the year-ago period.

“For fiscal 2021, the company now expects operating cash flow to be in the range of USD 7.65 billion to USD 8.15 billion, compared with USD 6.65 billion to USD 7.15 billion previously,” Accenture said.

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