Cognizant, an American multinational technology company that provides business consulting, information technology, and outsourcing services invites job applications for freshers & experienced people hiring in India.
The company reported an attrition rate of 26% for the January to March quarter of the financial year 2022 down from 31 per cent for the last quarter.
“While we made sequential progress reducing voluntary attrition for the second consecutive quarter, we anticipate attrition will remain elevated for the full year and will increase in the second quarter, reflecting seasonality,” CEO Humphries said in the earnings call.
As the attrition rates came down, Cognizant has added less number employees i.e 9,800 on a quarterly basis in Jan-Mar as against 12,200 in the previous quarter.
On a yearly basis, Cognizant added 43,900 employees, which is way less than any of the Indian IT peers and less than half of that TCS hired in 12 months.
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Commenting on its culture and DI&E policy company said, “At Cognizant, we embrace diversity. We believe it’s what helps us thrive. Our goal is to include everyone at the table, and to value and respect their unique voices and backgrounds.”
“We embrace a well-established set of cultural values. Each member of our team takes responsibility for creating a culture that enables exceptional outcomes,” It said
The company further said, “You’ll find the opportunity to do great work. A culture that welcomes your ideas and your entrepreneurial spark. Like you, community matters to us. We value work-life balance. Think big, and come grow with us.”
However, Cognizant started work from office in April this year on a voluntary basis, the company said in a statement that many employees will continue to work from home, although client and business requirements will determine the need to work from a Cognizant or client office.
“By the end of the year and into early 2023, we expect to fully transition to the hybrid work model as our long-term state. Across the hybrid model, employees will work a set number of days from the office. Their number of days in office versus remote will vary based on the kind of work they do and client requirements.” It said in a statement.