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Synopsis
The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level.
Agencies
The US-based company has over two lakh of its 2.9 lakh employees based in India.
Cognizant on Thursday said it is offering bonuses that are substantially higher than 2019 and has promoted more than 24,000 employees across levels. The step, aimed at helping the company stem attrition, will also see Cognizant moving to a quarterly promotion cycle for billable employees at the senior associate level and below, starting in the June quarter of 2021. In recognition of the professionalism, client-centricity, work ethic and perseverance of our employees globally in serving our clients during this protracted pandemic, we are rewarding bonuses above the level of company performance and substantially higher than 2019, despite 2020 being an extraordinarily challenging year, Cognizant India Chairman and Managing Director R
Knowledge, innovation to be pillars of India Inc s talent drive
Technology is no longer just an enabler but a driver of business transformation, says Akhilesh Tuteja, head, digital consulting, at KPMG in India.
Synopsis
The rapid pace of change in the technology environment has made learnability extremely important, while deep domain knowledge continues to be critical.
What is India Inc looking for in potential talent to thrive in a digital economy as digitalisation is set to play a major role in driving revenue, productivity, security and innovation? Skills that combine technology and business enablement – a mix of the relevant hard and soft skill sets – are necessary to thrive in an increasingly competitive world.
Cognizant commits $250 mn to global corporate social responsibility
February 25, 2021
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Technology giant Cognizant on Thursday announced a new five-year $250 million corporate social responsibility (CSR) commitment to advance economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities worldwide.
In a press release, the US-based company said that building on its longstanding investment in CSR, Cognizant, with its extensive global presence, will work to create stronger, healthier, and more inclusive communities as they emerge from the Covid-19 pandemic.
“We are determined to live our purpose of improving everyday life and apply our technology and business expertise to help tackle global problems,” the release quoted Cognizant CEO Brian Humphries as saying.