Cognizant Salary Hike

In an email to employees, the company's chief people officer Jim Lennox said the wage revision and promotions will come into effect from October 1. Typically, IT companies in India hand out wage hikes from July.

Infosys chief financial officer Rajiv Bansal told Nomura analysts Ashwin Mehta and Pinku Pappan that the company has taken measures like wage hikes, regular promotions, and reducing uncertainty on take-home salaries on the monetary front. Infosys is also pursuing softer aspects like improving engagement with employees, he added.

At a post-earnings analyst call on Wednesday, Gordon J. Coburn, president of Cognizant said the company gave salary increments at the higher end of the industry to send a strong message to employees that they can have terrific careers and great growth paths.

Infosys shares gain after salary hike announcement

In an email to employees, the company's chief people officer Jim Lennox said the wage revision and promotions will come into effect from October 1. Typically, IT companies in India hand out wage hikes from July.

Infosys chief financial officer Rajiv Bansal told Nomura analysts Ashwin Mehta and Pinku Pappan that the company has taken measures like wage hikes, regular promotions, and reducing uncertainty on take-home salaries on the monetary front. Infosys is also pursuing softer aspects like improving engagement with employees, he added.

At a post-earnings analyst call on Wednesday, Gordon J. Coburn, president of Cognizant said the company gave salary increments at the higher end of the industry to send a strong message to employees that they can have terrific careers and great growth paths.

Infosys shares gain after salary hike announcement