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The step, aimed at helping the company stem attrition, will also see Cognizant moving to a quarterly promotion cycle for billable employees at the senior associate level and below, starting in the June quarter of 2021.
Cognizant's higher bonus payouts and promotions follows its voluntary attrition recorded at 16% for the quarter ended December 2020. (File photo) CHENNAI: At a time when its voluntary attrition rate is the highest in the sector at 16% for the December-ended quarter, IT major Cognizant is rewarding top performers over and above the bonus amount.
Shares of Cognizant Technology Solutions Corp. slid 1.04% to $72.40 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.34% to 3,768.47 and Dow Jones Industrial Average falling 1.11% to 30,924.14. This was the stock's second consecutive day of losses.
The IT services major also aims to move towards a quarterly promotion cycle for billable employees working at the senior associate level and below from June quarter of 2021 to reward them for
Brian Humphries, the CEO of Cognizant, says the partnership between his company and the Aston Martin Formula One Team is a 'marriage made in heaven', and he cannot wait to see how the relationship develops in the upcoming years.
On Thursday, IT major Cognizant announced that it was rewarding its employees with merit raises, promotions as well as pay-outs. As compared to 2019, these bonuses are substantially higher, said the company. 2,04,500 of its total 2,89,500 employees are based in india. Rajesh Nambiar, MD & Chairman of Cognizant India said that despite 2020 being ...
Chennai, March 5: Information technology company Cognizant has decided to reward top-performing employees with increased bonuses, salary hikes and promotions this year. Cognizant will spend up to 125 percent of the target bonuses - 30 percent more than the amount spent previous year - in 2021, a report said on Friday.
The Digital Asset Management Market report presents the comprehensive analysis of key market segments and sub-segments, evolving the Digital Asset Management market trends and dynamics, changing supply and demand scenarios, Quantifying market opportunities through market sizing and market forecasting, Tracking current trends/opportunities/challenges, competitive insights, opportunity mapping in terms of technological breakthroughs.
Published By: Read Market Research Pvt. Ltd. Contact Person: Dev Dixit (Sales Manager) Korba, Chhattisgarh, India 495454 Phone: +1 646 583 1932 Email:[email protected] Web: https://www.readmarketresearch.com Follow Us on: LinkedIN Global Internet of Things (IoT) Testing Market Analysis By Type, Application, Regions and Companies Forecast 2016-2027 A new professional report published by Read Market Research with title Global Internet of Things (IoT) Testing Market provides complete analysis about the market size, share, overview and growth prospects which are impacting the growth of the market.
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It has been about a month since the last earnings report for Cognizant ( - Free Report) . Shares have lost about 3.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Cognizant due for a breakout?
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed.
Move aimed at curtailing staff attrition, which had seen 3,000 leaving the company in 2020
Shares of Cognizant Technology Solutions Corp. shed 2.39% to $73.16 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.31% to 3,819.72 and Dow Jones Industrial Average falling 0.39% to 31,270.09. The stock's fall snapped a three-day winning streak.
Latest research on Global included a special section on the Healthcare Payer Services Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million).
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