SpringCT Shows An Increase Of 60% In The Revenue, Gives A Special Bonus To The Employees
SpringCT, is a leading collaboration technology companies has announced a variable compensation payout of up to 150% for its employees.
The company with its dedicated efforts continues to record impressive growth even amid the pandemic. Despite being an extraordinarily challenging year, the company has consistently delivered high performance and profitability. With this gesture, SpringCT has expressed gratitude to its employees for their unwavering and unrelenting support.
The company experienced a phenomenal rise of 60% in revenue this F.Y. owing to niche verticals like unified communication, collaboration and telehealth. Apart from undergoing an exceptional revenue increase, the company has also expanded in terms of team strength by almost 36% during the same period.
Speaking on the occasion, Mohan Chaubal, Chief Executive Officer, SpringCT said, “The financial year ending on Mar 31, 2021, was a remarkable one for SpringCT. The trust of our customers and the dedication of our employees has helped us achieve outstanding results. I want to especially thank all our employees for their immense hard work and all our customers for their continued long-standing relationships. As an expression of appreciation, the management has decided to roll out an annual bonus to all the employees. As we march into a new financial year, we will continue with the same commitment and passion and reach newer heights of success.”
The company will be paying all the employees a minimum of 125% variable compensation for the year 2020- 2021. The company will also specially recognize the contribution of employees who have been with the organization for more than five years by offering higher VC pay-outs.
