Industry: HR News, Trends & Workplace Insights

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Updated on: Aug 2024
Cognizant Defends Competitive Entry-Level Pay for Engineers
Compensation

Cognizant Defends Competitive Entry-Level Pay for Engineers

IT giant, Cognizant Technology Solutions has responded to recent social media criticism regarding its entry-level salary packages, emphasizing that it offers competitive pay for fresh engineering graduates. The IT giant clarified that salaries for fresh engineers range from Rs 4 to 12 lakh annually, depending on the role, skill set, and industry certifications. The lower […]

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Cognizant criticized for low salary hikes, Inaugurates new office
Compensation

Cognizant criticized for low salary hikes, Inaugurates new office

Cognizant Technology Solutions is under scrutiny for offering meager salary hikes to its employees, following a four-month delay in the rollout. According to sources, the increments range from as low as 1% to a maximum of 5%, depending on employee performance ratings. Those with a rating of 3 have reportedly received a hike between 1% […]

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Tata Group Explores TCS Development Centre in Visakhapatnam
Industry

Tata Group Explores TCS Development Centre in Visakhapatnam

The Andhra Pradesh Government, in collaboration with Tata Group, is exploring the feasibility of establishing a TCS Development Centre in Visakhapatnam. The discussions on this significant initiative were held during a meeting between Chief Minister N Chandrababu Naidu and Natarajan Chandrasekaran, Chairman of Tata Sons, in Amaravati. This potential development aligns with the state’s vision […]

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TCS Introduces Prime Campus With Rs. 9-11 L Offers
Hiring

TCS Introduces Prime Campus With Rs. 9-11 L Offers

Tata Consultancy Services (TCS), India’s largest IT services firm, has launched a new hiring tier called “Prime” as part of its campus recruitment strategy. This tier targets high-potential graduates by offering annual compensation packages between Rs 9 lakh and Rs 11 lakh, significantly higher than standard entry-level salaries. The Prime tier is designed to secure […]

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ISRO Free AI & ML Certification Course, Registration ends soon
Industry

ISRO Free AI & ML Certification Course, Registration ends soon

ISRO (Indian Space Research Organisation) and the Indian Institute of Remote Sensing (IIRS) have joined forces to offer a remarkable opportunity for professionals and students in geospatial fields. Starting from August 19 to August 23, 2024, they are conducting a free 5-day online course focused on Artificial Intelligence (AI) and Machine Learning (ML). Who Can Participate? This course is specifically designed […]

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Bridging the Skills Gap; Cognizant Rs 2.5 LPA Offer Under Scrutiny
Compensation

Bridging the Skills Gap; Cognizant Rs 2.5 LPA Offer Under Scrutiny

The Indian IT industry is no stranger to heated debates over fresher salaries, but the recent uproar surrounding Cognizant Rs 2.5 lakh per annum (LPA) job offer has taken center stage. As fresh graduates grapple with limited job prospects and rising living costs, the tech giant’s static salary level since 2002 has sparked widespread discontent. […]

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Hyderabad Overtakes Chennai: Cognizant New Global IT Hub
Industry

Hyderabad Overtakes Chennai: Cognizant New Global IT Hub

In a strategic move that shows the changing landscape of India’s IT industry, Hyderabad has quietly dethroned Chennai to become Cognizant largest global center. This shift signals a pivotal moment for the Nasdaq-listed IT giant. It emphasizes its focus on growth and innovation within the country. Cognizant The Numbers Speak Chennai vs. Hyderabad: Sources reveal […]

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Capgemini Freshers Hiring for Exceller Program, Deadline Aug 15
Hiring

Capgemini Freshers Hiring for Exceller Program, Deadline Aug 15

Capgemini is seeking top technical graduates from premier engineering institutions to join our dynamic workforce and contribute to innovative solutions that drive global impact. As a participant in the Capgemini Exceller Program, you will work with diverse teams on cross-functional projects, connecting with peers and mentors in a collaborative environment. This drive and these positions […]

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Cognizant Off-campus Mass Graduate Hiring, Deadline 14 August
Employment

Cognizant Off-campus Mass Graduate Hiring, Deadline 14 August

Cognizant has announced an exciting off-campus mass hiring drive, welcoming applications from candidates belonging to the 2024 batch. This opportunity is open for graduates 3-year full-time degree program. Whether you’re from a background in arts, science, commerce, or any other discipline, Cognizant is looking to tap into the diverse talent pool of young professionals. Documents […]

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HCLTech Walk-in Interviews, Hiring Any Graduate & Postgraduate
Hiring

HCLTech Walk-in Interviews, Hiring Any Graduate & Postgraduate

HCLTech, a globally recognized technology and IT industry leader invites job applications from any graduates and post-graduates in India. The company is organizing Walk-in Interviews in various cities across India, including Noida, Bengaluru, Pune, and more. The company said on its webpage, “We believe a diversified workforce is both an asset and a real differentiator. […]

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Why Did Cognizant Cut 9,300 Jobs in One Year?
Industry

Why Did Cognizant Cut 9,300 Jobs in One Year?

Cognizant Technology Solutions Corporation recently reported a 2.1% sequential revenue growth for the June 2024 quarter, despite a significant reduction in headcount. In Q2FY24, the company saw a decrease of 8,100 employees compared to the previous quarter. On a year-on-year basis, headcount dropped by 9,300 employees compared to Q2FY23. However, the company reported a good […]

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IT Hiring Trends – FY25: Employee Matrix for April-June Quarter
Employment

IT Hiring Trends – FY25: Employee Matrix for April-June Quarter

In the recent April to June quarterly results, IT companies have reported their workforce changes. This article provides a consolidated overview of which firms have increased their headcounts and which have decreased them, reflecting their strategic adjustments during this period and hiring trends for FY25. Company Q1FY24 Q4FY24 Q1FY25 TCS 6,15,318 6,01,546 606,998 Infosys 3,36,294 […]

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