Almost 100,000 employees at
(IBM) India will each receive a $1,000 stock bonus before Jun. 16 as the company celebrates its one hundredth year in business,
The Times of India reported on Jan. 31.
The Times of India notes the move may pressure other multinational and India tech firms to offer more incentives to their employees, as the world comes out of a recession.
"Hundreds of thousands of IBMers, virtually all across the globe except those at the executive level will receive these stock bonuses," an IBM India spokesman told The Times of India.