Cognizant ups salaries by 25% for some India employees amid lockdown
BENGALURU (Reuters) – Cognizant Technology Solutions Corp can pay an additional 25% of base pay to some employees in India and the Philippines as a majority of its offshore workforce make money working from home amid the coronavirus pandemic, taking over additional work, Chief Executive Officer Brian Humphries mentioned.
India’s Prime Minister Narendra Modi has requested the nation’s 1.three billion folks to remain indoors for three weeks within the greatest lockdown wherever, shutting down Asia’s third largest economic system and leaving thousands and thousands of economically susceptible folks with out work.
The Philippines Congress earlier this week granted President Rodrigo Duterte additional emergency powers in a bid to avert chaos from a fast unfold of coronavirus. It was additionally the primary Southeast Asian nation to undertake 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 anticipate the full impact of COVID-19,” Humphries mentioned in an electronic mail to employees seen by Reuters.
In India, the place the New Jersey-based firm employs round 203,700 employees, the lockdown has thrown life for many into chaos as entry to groceries and different fundamentals has change into troublesome.
“I appreciate that many of you are working extremely long days, weekends included. Some of you have given over virtually all of your personal time to helping clients and colleagues,” Humphries mentioned, including that the additional pay will probably be processed with the April paycheck.
Employees as much as an affiliate stage will probably be eligible for the additional pay.
India’s large outsourcing trade has been battling the work-from-home situation, caught unawares as corporations attempt to determine enterprise continuity plans.
Cognizant, which in India, has enabled make money working from home operations by provisioning new laptops and encrypting desktops for employees, in addition to offering further bandwidth connectivity.
The further pay-out will cowl greater than two-thirds of the India-based workforce.
“(The company) is experiencing the effects of this public health emergency on both the demand and fulfillment sides of our business, from London to Mumbai to Manila and New York,” Humphries mentioned.
Reporting by Chris Thomas and Anuron Kumar Mitra in Bengaluru, Editing by Nick Zieminski