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SALARY HIKES COGNIZANT
The growing pay gap: AI skills drive 60% higher salaries in techAI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This wideni...- From ₹3 LPA to ₹5 lakh per month in 4 years: Techie from lower middle class background shares tips about rapid salary growthA techie shared on Reddit how his salary surged from ₹3.5 lakh to ₹65 lakh in under five years, driven by financial hardship, disciplined u...
- Cognizant to roll out wage hikes for 80% of eligible employees effective Nov 1The company, during its second quarter earnings, had said that it plans to award merit-based salary increases for the vast majority of empl...
- Cognizant announces salary hikes amid uncertainty in IT industryCognizant announced merit-based pay hikes for 80% of eligible staff from November, following similar moves by TCS and Infosys amid industry...
- IT salary growth: Infosys, Wipro hike median pay by 30% since FY21Indian IT firms like Infosys and Wipro have seen median salary increases of 30% since FY21, while Tech Mahindra's pay remained flat recentl...
- Cognizant starts rolling out bonus letters to eligible staffAccording to sources, Cognizant started sending out emails this week to inform employees about bonus payouts for 2024. Majority of employee...
- Cognizant CFO Jatin Dalal sees positive signals in IT demand scenario after longSpeaking about the recent controversy on low salary at the entry levels, Dalal said that it was a “misunderstanding” and for engineers the ...
- Cognizant responds to Rs 2.5 LPA salary backlash, claims details 'grossly misrepresented'Cognizant addressed a social media controversy over its ₹2.52 lakh fresher salary offer, clarifying that the figure applies only to non-eng...
- Cognizant offers annual salary hikes as low as 1%The development of meagre salary hikes comes at a time when Cognizant Technology Solutions is widely criticised for offering decadal-low st...
- Cognizant defers annual hikes to employeesIT major Cognizant said a majority of its associates have seen four merit increases within three years, with the last cycle being April 1, ...
- Cognizant joins peers to roll out 7-10% salary hikes to employeesCognizant told its employees that “formal eLetters” with the new compensation would be out through the week, with the increases taking effe...
- Cognizant to hike bonus, offer more promotionsCognizant is also offering performance-based salary hikes to around 160,000 employees globally this year.
- IT companies using retention bonuses to keep staff with new digital skillsDemand for automation has proved to be a blessing in disguise for the IT sector, which had slowed down over the past few years.
- No salary hike for freshers in IT space amid hiring bluesDespite marginal salary hikes offered by Cognizant — followed by TCS — last year, experts say that the range of salaries still largely rema...
- Cognizant announces senior-level promotionsThe development comes a couple of months after Cognizant gave similar promotions for junior-level employees and weeks after it downgraded i...
- Cognizant rewards employees with 200% variable payoutThe top performers got around 200% of their target bonus while the average bonus given was 150%, said a Cognizant employee in Chennai.
- TCS, Wipro, Infosys, HCL, Cognizant mull 10-15% salary hike this yearIn contrast to the salary cuts and the single-digit hikes during the slowdown years, increments this year are expected to be in double digi...
- TCS, Infosys, Wipro plan promotions, hefty hikes to retain talentWhile TCS plans to double promotions next year, Infosys and Wipro are set to hand out at least 100% variable pay and double-digit hikes in ...
- Slowdown? Cognizant to promote, hike employees' salariesCognizant has sent a mail, stating that it has kicked off the process to promote and hike salaries for employees across levels.
- Tech rookies get fatter pay packetsIt means many who have joined this year would get salaries higher than those who joined a year ago.
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