HomeNewsBusinessAccenture rolls out bonuses, plans significant promotions: Report

Accenture rolls out bonuses, plans significant promotions: Report

Accenture has also reportedly raised salaries of junior and mid-level employees by 6-11 percent

November 26, 2020 / 14:38 IST
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IT services major Accenture has issued bonuses to most of its staff in India, and is planning a "significant level" of promotions in December.

Accenture has also hiked salaries of junior and mid-level employees by 6-11 percent, according to a report by The Times of India.

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Moneycontrol could not independently verify the story.

"In addition to training, we have given meaningful pay raises and bonuses aligned to our fiscal year 2020 performance. We are planning for a significant level of promotions in our December cycle and remain deeply committed to pay equity," a company spokesperson told The Times of India.

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A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

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