A Chennai-based IT firm on Monday gifted as many as 100 cars to its employees for their constant support and unparalleled contributions to the company's success and growth.
Hari Subramanian, Marketing Head, Ideas2IT, shared, “We are gifting 100 cars to 100 of our employees who have been a part of us for more than 10 years. We have a strength of 500 employees. Our concept is to return the wealth we have received, to the employees.”
The cars range from S-Cross to Baleno and the total cost to the company is around Rs. 15 crores.
"Considering this steady growth streak enabled by its employees, Ideas2IT has implemented a unique wealth-sharing initiative. Awarding these cars is just the first step. Ideas2IT plans to roll out more such initiatives in the near future,” said Gayathri Vivekanandan, Chief Executive Officer, Ideas2IT.
This comes days after another Chennai-based software-as-a-service company (SaaS) Kissflow gifted luxury BMW cars to its five senior executives, each worth about ₹ 1 crore, as a gift.