Cognizant’s salary package of Rs 2.5 lakh per annum irks netizens

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Published August 14, 2024 at 8:04pm

    Cognizant finds itself at the center of a social media storm

    It announced an off-campus recruitment drive

    Its salary package of Rs 2.5L per annum has stunned netizens

Cognizant has found itself at the center of a social media storm after announcing an off-campus recruitment drive with a salary package that many netizens deemed unacceptably low. The IT giant revealed plans to hire candidates from the 2024 batch, with a deadline for applications set for August 14. However, the offered salary of Rs 2.5 lakh per annum has sparked widespread criticism online.

The issue came to light when a post by Indian Tech & Infra on X, formerly Twitter, highlighted the details of Cognizant’s offer. The post quickly gained traction, with users expressing disappointment and frustration over the low pay. With the annual salary translating to just Rs 20,000 per month, many questioned the adequacy of such compensation, especially from a leading global IT company.

Also Read: Infosys Foundation announces STEM Stars Scholarship Program for 2024-25

Critics were quick to point out that typical entry-level positions in the IT industry offer packages ranging from Rs 3.5 lakh to Rs 4 lakh per annum, making Cognizant’s offer appear particularly meager. One user sarcastically commented, “2.52 LPA is very generous. What will the graduates do with so much money,” capturing the sentiment of many.

Adding to the backlash, Amit Misra, founder and CEO of Dazeinfo, drew a stark comparison between Cognizant’s offer and the earnings of a momo shop owner, further underscoring the perceived inadequacy.

The controversy highlights ongoing concerns about fair compensation for fresh graduates in the tech sector.

Cognizant’s salary package of Rs 2.5 lakh per annum irks netizens

https://newsfirstprime.com/wp-content/uploads/2024/08/cognisant.jpg

    Cognizant finds itself at the center of a social media storm

    It announced an off-campus recruitment drive

    Its salary package of Rs 2.5L per annum has stunned netizens

Cognizant has found itself at the center of a social media storm after announcing an off-campus recruitment drive with a salary package that many netizens deemed unacceptably low. The IT giant revealed plans to hire candidates from the 2024 batch, with a deadline for applications set for August 14. However, the offered salary of Rs 2.5 lakh per annum has sparked widespread criticism online.

The issue came to light when a post by Indian Tech & Infra on X, formerly Twitter, highlighted the details of Cognizant’s offer. The post quickly gained traction, with users expressing disappointment and frustration over the low pay. With the annual salary translating to just Rs 20,000 per month, many questioned the adequacy of such compensation, especially from a leading global IT company.

Also Read: Infosys Foundation announces STEM Stars Scholarship Program for 2024-25

Critics were quick to point out that typical entry-level positions in the IT industry offer packages ranging from Rs 3.5 lakh to Rs 4 lakh per annum, making Cognizant’s offer appear particularly meager. One user sarcastically commented, “2.52 LPA is very generous. What will the graduates do with so much money,” capturing the sentiment of many.

Adding to the backlash, Amit Misra, founder and CEO of Dazeinfo, drew a stark comparison between Cognizant’s offer and the earnings of a momo shop owner, further underscoring the perceived inadequacy.

The controversy highlights ongoing concerns about fair compensation for fresh graduates in the tech sector.

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