Mumbai, August 17:슬롯 머신 사이트 추천How low can salary hikes go in the tech industry? Cognizant Technology Solutions, already criticised for offering its lowest starting salaries in a decade, has recently rolled out its annual salary hikes, with increments as low as 1 per cent. As per a슬롯 머신 사이트 추천report, the company, which had delayed these hikes by four months, is now offering increases ranging from 1 per cent to 5 per cent, based on employee performance ratings. The delayed hikes and minimal increases have come under scrutiny, particularly given the company슬롯사이트™s recent low starting salary offers for freshers.

As per an Economic Times published on August 15,슬롯 머신 사이트 추천Cognizant's annual salary increments for 2023 have been significantly reduced compared to last year's figures. While employees in 2022 saw increases ranging from 7 per cent to 11 per cent, the current hikes range from only 1 per cent to 5 per cent.슬롯 머신 사이트 추천This sharp decline in salary adjustments highlights a notable departure from the more generous increases previously provided.슬롯 머신 사이트 추천Cognizant 2.52 LPA Salary Package Sparks Meme-Fest: Netizens Share Funny Memes After Off-Campus Mass Hiring Drive Notice Appears Online, Ask 'Kya Karenge Itni Dhanrashi Ka'.

The rating system used for determining the hikes has been described as having assigned increments based on performance ratings. For example, employees with a rating of 3 received increments between 1 per cent and 3 per cent, those with a rating of 4 were given a 4 per cent increase, and employees with a rating of 5 received increments ranging from 4.5 per cent to 5 per cent. This performance-based approach has been implemented to align salary adjustments with individual evaluations.슬롯 머신 사이트 추천슬롯사이트˜Come Back to Office or Get Fired슬롯사이트�: After Many Reminders, Cognizant Warns Employees To Return to Office or Face Termination.

In the second quarter of 2023, a year-on-year net profit growth of 22.2슬롯 머신 사이트 추천per cent was achieved by Cognizant, with the net profit reaching USD 566 million. Despite this profit increase, the company슬롯사이트™s off-campus recruitment drive, which offered freshers a starting salary of INR 2.52 lakh per annum, has faced considerable criticism. The drive, aimed at attracting new talent, has been criticized for its low salary offer, further fueling discontent among current and prospective employees.

(The above story first appeared on LatestLY on Aug 17, 2024 07:11 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).