Hexaware Technologies, a leading global provider of IT services and solutions, announces 100 + variable payout & exceptional performers to receive up to 120%.
Hexaware's COO’s words
Vinod Chandran said, "We know it's our people who make the difference. They bring passion, creativity, and drive to our daily work. Today, we honor their dedication with a 100%+ variable pay. Even in this challenging economic climate, we will do everything we can to show them that they matter as much as their work does."
Justification
Despite economic downturns, the company by surpassing Industry standards has announced 100%+ variable payout for its employees meeting the expectations during appraisal cycle
120% to high performers who have demonstrated exceptional performance for 2 years.
The company believes in employees well-being & motivation, this move is a testament of living by its core values of putting the people.
Hexaware’s employee retention jumped from 68% to 73% in 2022,with 25% growth in constant currency.
The company plans to onboard 6k professionals this year
Hexaware became one of the IT Services industry's fastest-growing brands in 2023,as per Brand Finance Report.
The company’s rating elevated to AA, attributed to 66% brand valuation over 3 years.
The company was awarded as the Fastest Growing Tech Company of the Year' by The American Business Awards
Economic Times named the company Best Organization for Women in 2023
