Thursday, October 2, 2025
spot_img

Cognizant stays bullish on freshers hiring, will hire 65% more than last year

spot_img
- Advertisement -

Cognizant stays bullish on freshers hiring, will hire 65% more than 2020

IT major Cognizant stays bullish on freshers hiring, will hire 65% more than last year in India. The company plans to hire 28,000 freshers in 2021 in India in comparison to the  17,000 hired in 2020.

One of the reasons for this robust hiring is a steep rise in voluntary attrition 21% compared to 19% in the last quarter Q1 of CY21.

Cognizant has headcount of 2,96,500, and more than two lakh employees are based in India.

The company is now putting in place measures that include training, quarterly promotions, and job rotations to provide more opportunities for growth and stanch attrition.

CEO’s Comment on Attrition

Brian Humphries, CEO of Cognizant told an earnings call that the company is doing the right thing to address attrition. “And of course, in the meantime, we’re working to manage the salary inflationary elements of this.”

Brian said the company will see sequential increases in attrition based on the resignations in the last few months because there was a two-month notice period in India. “So we have a strong understanding as to what attrition will be in Q2. But that’s been factored into our model and into our guidance. And in the meantime, we’ve been hiring at record pace given the extra recruiters we’ve put to work,” Brian said to the Finacial Express.

Hiring at Peer Companies

Other IT Companies TCS, Infosys, Wipro, HCL Tech to hire 1 lakh freshers in 2021.

For instance, TCS said that it is looking to bring 40000 freshers on board in FY22 to increase its employee count above 5 lakh. Similarly, Infosys and HCL Tech are planning to hire 26,000 and 12,000 freshers, respectively.

According to Wipro’s CHRO Saurabh Govil, the company will hire more freshers in FY22 than the previous year. to me In FY21, Wipro had hired around 9,000 freshers.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Meta fired 30-week pregnant employee, here’s what happened next

The major companies that laid off employees include Meta, Infosys,...

HR Leaders’ New Challenges – PMS IN DIGITAL AGE

 “Information is no more a premium commodity, but Application...

Muon India appoints Susan Joy as Head- Human Resources

Muon India Private Limited (a Macquarie-managed entity) has appointed...

Intent to hiring at 18-month high in the third quarter of FY22, Report

According to the Teamlease Employment Outlook Report, hiring activity is...

Emeritus elevates Ganesh S as Global CHRO

Emeritus, a global EdTech Startup has announced the elevation...

Tesla Power India intends to hire over 2000 employees

The Battery manufacturer, Tesla Power India is planning to hire...

Tata Motors to split its businesses into two listed companies

An Indian Multinational automotive company, Tata Motors to demerge...

Labour ministry notifies higher pension for 6.3 lakh EPS pensioners

The Government on February 20, 2020, has notified the...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/