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Cognizant to give two-thirds of employees 25% more in base pay for working in coronovirus pandemic

 Cognizant will give an additional 25% in basic wages to about two-thirds of staff in India and the Philippines, as a ‘sign of gratitude’ for continuing to work during the Covid-19 pandemic.

 

The Teaneck, New Jersey-headquartered company said the payout will form part of the salaries of all employees up to Associate level in April and will be reviewed each month.

 

“Despite this turbulence, which affects both you and your families, you have risen to the challenge of serving our clients with empathy, initiative, integrity, and courage — all while supporting and uplifting one another. I am deeply grateful to all of you for your daily acts of heroic leadership,” Cognizant CEO Brian Humphries said in an email to employees.

 

Humphries said that while the pandemic would likely dampen industry demand, the requirements for fulfilment remained critical. “This will have a business impact, but it was the right thing to do. We had done something similar for employees in Chennai during the 2015 floods there as well,” a Cognizant executive said.

Source: ET