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New Delhi: IT services major Cognizant on Thursday said it is offering bonuses that are "substantially higher than " and has promoted more than 24, employees across levels.
The company is also offering about 1,60, employees with merit increases globally, and has promoted more than 24, employees across every level, he added. Nambiar also highlighted that the company continues to remain heavily focused on maintaining a competitive and appealing employee environment, where every individual is inspired to achieve, driven to perform, and rewarded for their contributions. The US-based company has over two lakh of its 2.
At the end of the December quarter, the company had a headcount of 2,89, and its total attrition was at 19 per cent and voluntary attrition at 16 per cent. This story has been published from a wire agency feed without modifications to the text.
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Premium What data tells us about the great Indian middle class. Catch all the Corporate news and Updates on Live Mint. 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 The company is also offering about 1,60, employees with merit increases globally, and has promoted more than 24, employees across every level, he added.
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