Covid -19: Cognizant to give 25% extra pay to two-thirds of India workforce
Cognizant, theinformation technology service has declared that the firm will pay its workers who belongs to the associate level or below an extra 25 percent of the employees basic salary in the month of April in account of their “extraordinary continuity-of-service efforts” amid the Coronavirus outbreak.
The strategy, which the organization will audit on a month to month premise, will profit more than 66% of its Indian workforce. The organization had 203,700 workers across 13 areas in India as on December 31, 2019.
“Prime Minister NarendraModi has imposed a nationwide 21-day lockdown in an attempt to contain the spread of the coronavirus. The Philippines is under a state of national emergency. We support these and other efforts by governments across the world to ‘flatten the curve’ and contain the spread of COVID-19,” said Brian Humphries, chief executive officer of Cognizant, in a letter to employees.
“While the pandemic will likely dampen industry demand, we know the requirement for fulfillment remains critical,” he added.
The organization has permitted telecommuting (WFH) for a dominant part of its seaward groups. "In acknowledgment of the exceptional congruity of-administration endeavors of our partners in India and the Philippines. we will give those at the partner level and beneath with an extra installment of 25 percent of their base compensation for April.
We will audit this methodology month to month," Humphries included. Conscious, similar to every single worldwide organization, is additionally encountering the effect of COVID-19 on both interest and satisfaction, from London to Mumbai to Manila, said the IT major.
“Even with all of the preparation and foresight of our crisis management and business continuity teams around the globe, it’s hard to imagine that we or anyone could have developed a playbook to anticipate the full impact of COVID-19” said Humphries.