Cognizant-Freshers’ pay backlash: Cognizant clarifies annual pay for recent engineering grads at ₹4-12 lakh

Cognizant Know-how Options’ annual compensation for recent engineering graduates ranges from ₹4 lakh to ₹12 lakh yearly. This depends upon classes of hiring, talent set, and superior business accredited certifications, stated Surya Gummadi, EVP and President, Cognizant Americas.

The clarification comes after a latest publish on X said that the US-based IT firm provided entry-level wage of ₹2.52 lakh. This created an uproar with a lot of individuals criticising Cognizant for paying such a low wage.

Nonetheless, Gummadi on Sunday clarified that the the latest job posting for expertise from non-engineering backgrounds, with a 3-year undergraduate diploma has been grossly misrepresented.

“This job posting, with compensation of ₹2.52 lakh yearly was just for candidates with a 3-year undergraduate diploma and never for engineering graduates,” stated Gummadi.

• Additionally learn: A publish on social media creates a debate on wage to IT freshers

“The compensation Cognizant presents for engineering graduates is very aggressive inside the IT companies peer group.”

“Additional, when the corporate hires for entry-level roles, it invests ₹2-3 lakh per affiliate within the preliminary years to coach, mentor and upskill in superior applied sciences. That is for each engineering and non-engineering associates,” he stated.

“Lots of of our associates who joined the corporate with a 3-year undergraduate diploma, as we speak maintain key positions from Supervisor to Assistant Vice President throughout the corporate,” he stated

“India is the guts of Cognizant and its largest expertise hub — with over 70 per cent of its over 336,000 international workforce — primarily based in main metros and Tier-2 cities, throughout the nation,” he added.