PWC India gave a whooping hike of 75%

PWC gave a hike of 75% in the Variable Pay for India Employees including Special Bonuses

PWC India on Monday said that they are increasing the variable pay of India Employees by three quarters, offering salary corrections and giving special bonuses.

Source: PWC LinkedIn , originally from The Economic Times

The firm said they have already paid a two week special bonus to all of their employees in March

The firm is now providing vouchers ranging from Rs 25,000 to 50,000 to all employees joined on or before March 2021.

“ This is for them to use in the way it's most meaningful to them and their families, who have been equally integral to our journey in the past year.” The Firm said

“ We take great pride in being able to achieve sustained outcomes even with our people working from home. Despite the uncertainties caused by the ecosystem, our people with their continued commitment have been true partners in our success and helped us deliver enhanced value to our clients and stakeholders. As an appreciation of their contribution, we are very pleased to be able to reward them better this year with a significant increase n bonus payments including component cash vouchers

We are hopeful that this effort from our side will not only augur well for our PWC family but also help boost consumer spending in a small way, which is critical at the moment to the overall health of the Indian economy” -  Sanjeev Krishan, Chairman,PWC India