Cognizant to offer higher pay package to entry-level engineers

NEW DELHI: IT-major Cognizant, which has close to two lakh employees in India, will hand out over 18 per cent higher pay packages to entry-level engineers joining next year, according to industry sources. Engineering students graduating in June 2020 will see the offer made by the US-based company increased from Rs 3.38 lakh per annum to Rs 4 lakh, they said.

IT companies are slated to visit campuses around August-September this year to present offer letters for next year. Confirming the salary increase, a Cognizant spokesperson said the company already offers higher packages for employees with “premium” skills in digital technologies.