IT major Cognizant drawing its attention back to reskilling initiatives to bolster growth.
Economic Times reports, CEO, Brian Humphries said that the company will double its investment in technical education next year. Humphries has also asked employees to pledge to learn one new skill each quarter and to mentor one colleague each quarter.
Referring to the available material within the company’s in-house skilling platform Humphries said executives could widen their knowledge on subjects like IoT, digital engineering, smart sensors, and edge artificial intelligence, among others.
Humphries added, “We’ve decided to provide internships to all students from engineering campuses across India to whom we make job offers. This will improve their readiness to take on technical roles once they graduate and join our company.”
He also said that Cognizant had increased the compensation for entry-level executives recruited from Indian campuses and is providing them internships to students in their final semesters to improve their technical readiness before they graduate and join the company.
Humphries further added “We’re also focused on attracting and retaining tomorrow’s top talent…We’ve increased the compensation for entry-level trainees from engineering campuses in India who will be joining us next June.”
Companies such as Accenture, Infosys, Cognizant, Tech Mahindra, Mphasis, among others, are making a massive effort to reskill and prepare employees for the future. Global technology company Accenture has reskilled 85% of its technology workforce in India in the last three years.
Accenture employees are being taught “new IT” skills such as digital, cloud and security, with Artificial Intelligence at the core. And their model is simple: invest the savings realized from automation and AI back into skilling.
