News & Events

Cognizant ups salaries by 25% for some India employees amid lockdown – Source Reuters Tech News

BENGALURU (Reuters) – Cognizant Technology Solutions Corp will pay an extra 25% of base pay to some employees in India and the Philippines as a majority of its offshore workforce work from home amid the coronavirus pandemic, taking on extra work, Chief Executive Officer Brian Humphries said.

India’s Prime Minister Narendra Modi has asked the country’s 1.3 billion people to stay indoors for three weeks in the biggest lockdown anywhere, shutting down Asia’s third largest economy and leaving millions of economically vulnerable people without work.

The Philippines Congress earlier this week granted President Rodrigo Duterte extra emergency powers in a bid to avert chaos from a rapid spread of coronavirus. It was also the first Southeast Asian country to adopt lockdown measures.

“We are all dealing with a crisis that brings new challenges every day. Even with all of the preparation and foresight … it’s hard to imagine that we or anyone could have developed a playbook to…

Read More…

Source Reuters Tech News

Source link