Friday, August 8, 2014

Cognizant gives 10% increment

Cognizant gives 10% increment to offshore employees
Cognizant gives 10% increment to offshore employees


BANGALORE: Cognizant has given an average 10% salary increase to offshore employees, making it perhaps the only major IT services company other than TCS to offer double-digit pay hike. It has also promoted a third of its programmers. 

"This year's salary revisions are designed to be market competitive, differentiate niche and critical talent, and reward high performance," Cognizant CEO Francisco D'Souza said in a blogpost to employees. 

Wipro has given an average salary increase of 8% to offshore employees and 2% to onsite employees effective June. In Infosys, most of the increments were between 5% and 7%.

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