Cognizant Clarifies on Rs 20,000 Pay Package | Vantage with Palki Sharma

Cognizant Clarifies on Rs 20,000 Pay Package | Vantage with Palki Sharma

IT giant Cognizant has clarified that the much-discussed Rs 2.52 lakh annual salary offer is intended for non-engineering undergraduate degree holders, and not for engineering graduates. Contrary to the social media uproar, Cognizant asserts that its starting salary for fresh engineering graduates ranges from Rs 4 lakh to Rs 12 lakh annually, depending on several factors like specialization and certifications. The company has emphasized that its compensation for engineering graduates is competitive with industry standards and even surpasses those of some peers. Palki Sharma tells you.

---

Cognizant | Pay Package | India | Tech Industry | Chennai | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#cognizantjobs #india #pay #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
​
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.

Follow Firstpost on Instagram:

Follow Firstpost on Facebook:

Follow Firstpost on Twitter:

Follow Firstpost on WhatsApp:

[RockNRoll]

India's population is so so huge that if one refuses to work for less, someone will be willing to yo work for lesser, its a shame & thats what these companies survive on in India.😢😢😢

[Ash-omth]

Companies like Wipro, Cognizant, Infosys, TCS, they aren't any tech Innovation companies. They work purely on commission model. They would make a deal with their clients for a candidate quoting 40-50$ per hour and pay 20-25k rupees back in India and get the work done and when asked for salary hike they say you are not skilled to be paying that much and eventually throw them out and get a new lot for 20-25k and this has been the practice. I personally experienced this. With current economy trends, every company wants to be profitable at end of the day . I understand there is Skill gap but not all the employees under skilled and companies are to blame for that. They go to college by taking commission and they get ppl even if you just sit for placement drive. If there is Skill gap, why there are no changes to Education policy, I have been hearing this skill gap for generations . Why don't companies collectively work towards bringing a change in Education Policy rather that sitting and commenting there is lack of Skill from past two decades. No one wants solve problems, but just keep blaming each other. No one wants to solve the problem 😏

And govt should stop giving permission to open engineering colleges every luke and corner

[larrybaba]

Its not about population. Im also an IT recruiter. These companies have become so greedy they want quality of Mercedes S Class with budget of Maruti Alto. Thus their poor quality and burnt out employees!

[sachinnaik]

Such companies offer these meagre salaries and then blame India for not having a skilled labour force. Do you expect skilled labour to come at these salaries? This is corporate hooliganism.

[anilprasanna]

Cognizant is not deducting charity money from that pathetic salary. But infosys sudha murthy is so shameless that she deducts 800 rupees from that 20 thousand without our consent so that she can get padma vibhushan. Why cant she beg money from her daughter instead who is richer than the queen

[arnov]

This is the same CTC which was offered in Engineering Colleges in 2006, when i graduated. Imagine the inflation till now.

[Tibitabo]

It’s because India doesn’t have a minimum wage concept.I dare them offer this pay to staff in the USA and see what happens!

[nickelvikky]

In India there is no Minimum wage policy, No Govt regulations for white collar jobs.. Companies are exploiting this .. Not just Engineers.. take School teachers in private schools they are paid anything between 15-25k per month while schools collect Lakhs of fee from students… Govt need to look in to this

[singharkirat]

I never understood why we wrote Cheap labour as one of merits of India in our school exams.. well now I am one myself 😂
Our education model needs to change ... it should highlight population, GDP per capita, poverty as huge drawbacks of India

[subhojitdhar]

I am tired of hearing this bullshit that Indian engineers are not skilled and all. The same unskilled engineer comes to Europe or goes to UAE and earns more than a skilled (according to them) engineer in India. In India it's simply demand and supply, there are simply not enough jobs, so only the best of the best gets the job, there too companies have the negotiating power to reduce the salary. In Europe a mediocre student who is doing Masters in Communication doesn't know what an electromagnetic wave is and secures a job. Imagine the plight of that student in India.

[patelse]

Indian street food vendors are making millions in comparison so they have an ability to hire 5-6 engineers.

[LikeDeep-qw]

I don't understand why these companies hype up AI so much. Let's get fact clear, other than tech product giants like Google, Amazon, AWS, etc, no one is actually really doing anything great with AI. Most so-called 'AI products' are just POCs that never go to production! But everybody wants AI skills on the resume... which is really weird.

[greatraghua]

The issue isn’t about upskilling. The real problem with these IT service companies is that more than 5% of the workforce holds positions (dummy roles) like Associate vice president and above. These gentle men are robbing an average of 10 lakhs per month in salary and incentives, while core team receive only ₹15, 000 to ₹30, 000 per month. Very bad.

[dcjpr]

The kind of work they offer can be done by a higher secondary passed out. They are ruining the youth of this country.

[karthickrajalearn]

Must Speak up this news follow up

If you want me to contribute this action, i will do it every month .It is the main problem

[Bala]

Even sweeping personels are making more than that with dignity....shame on such it companies....

[tubeginie]

Working with cognizant is a nightmare.
Management's attitude is the main reason behind losing projects.

[charanjitajamani]

Governmet just needs taxes, they have no policy
1> for minimun wages
2> We are all labour and these CEOs will keep earning and will be always like this
3>Mukesh ambhani had lavish wedding for Son and fired 42k employees
4> Until all become independent will all will be slaves
5> After paying tax, we get bad roads of potholes and no benefit
5> look inflation, house rent , loan and where is this salary going to, shame on Corporates, Govermnets. I really feel shame to be part of this country

[RivanJD]

As an IBM worker, I would say IBM, Infotech and HCL are much better. Salary gets hike on due time.

[Makingonelifecount]

I joined my first IT company about 15 years ago without engineering for 14, 000 monthly salary. After 1 year there I became the floor escalation manager.
As the company grew - they wanted to be more professional & started hiring ONLY engineers.
And many if these engineers reported to me. Sadly, many were clueless, confused, arrogant that they were engineers. And most of all they were not streeg smart, had no real thinking skills.
As ghe