
After Backlash Over Freshers' Pay, Cognizant Clarifies What Techies Get
NDTV
IT giant Cognizant faced social media ridicule for offering Rs 2.52 lakh annual salary to freshers and doling out annual salary hikes of as low as 1 per cent.
Facing social media backlash over the Rs 2.52 lakh annual salary offer for freshers, IT giant Cognizant on Sunday said it offers Rs 4-12 lakh salary to fresh engineering graduates, and the salary being quoted on social media is for non-engineering undergraduate degree holders.
The firm also faced social media ridicule for doling out annual salary hikes of as low as 1 per cent, but what is being quoted is the lower band of the 1-5 per cent annual increments that the firm has dished out based on individual performance.
Cognizant annually hires fresh engineers and non-engineering/IT graduates for varied roles.