Cognizant To Hire For New Roles
The US-based company has over 2.9 lakh employees based in India. The company had a headcount of 2,89,500 at the end of the December 2020 period, with overall attrition of 19% and voluntary attrition of 16%.
During the calendar year 2020, Nasdaq-listed IT firm, Cognizant will be hiring over 23,000 students in India alone. “We will be hiring over 23,000 students and this figure does not include BPO operations. Our plan is to hire students from STEM disciplines and primarily engineering,” said Ramkumar Ramamoorthy, Chairman and Managing Director, Cognizant India on the side-lines of the eighteenth edition of CII Connect 2019.
“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 Rajesh Nambiar said in a statement.
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, he added.
The company hired more than 17,000 fresh graduates from campuses in 2020 and expects to hire over 23,000 fresh graduates in 2021—indicating a 35% increase year-on-year.
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