Cognizant To Promote 15,000 Staff
Cognizant, after a recent pay out about 200 percent bonus in March to a cross section of its employees, now it is going to promote about 15,000 of its associates globally that are below the ‘manager’ level. As per the report this is the first round of promotions and a second batch of promotions for people above the ‘manager’ level will happen soon. A sizeable chunk of the employees in that level are also likely to see them re-designated to a higher level. The company has 78,400 employees.We have announced global promotions for associates below the level of Manager. These promotions are effective from May 1, 2010.
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