• Neelanjana Mazumdar
• 27 Apr, 2021

HCL Technologies has offered a skill-based allowance of 25-30% of their CTC (cost-to-company) to about 16,000 employees. “These are skills where customers are paying a premium and we are passing it on to the employees. Over the years the number of people who qualify for this allowance has seen a steady increase. It’s a narrow segment, and that skill has to be in demand,” said Apparao V V, Chief HR Officer. HCL had introduced skill-based allowances some three years ago.
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