IT co CEO gifts BMWs to employees who helped company dig gold during tough times
Summary
is a lucrative sector to work in—as evident from frequent news reports of massive salary hikes given by software companies to employees. Software developers, product managers and other such roles are some of the most sought after in the industry, known to be given as much as 100% salary hike, especially in the wake of the digital transformation wave that swept the global economy in the aftermath of the Covid-19 pandemic as million of employees took to remote working. The company gave cars, worth over Rs 1 crore each, to five of its senior management workers to “honour their loyalty and commitment”, according to a report in news agency PTI. The handing over ceremony was kept a secret until a few hours prior to the event when the 5 lucky employees were informed that they are soon going to be proud owners of a new set of expensive new wheels. “Today we are very happy that we have paid back the investors and now it has become a fully owned privately held company," he told PTI.