‘Grossly misrepresented’: Cognizant on Rs 2.52 lakh fresher salary issue

BENGALURU: IT services firm Cognizant on Sunday said its recent job posting with compensation of Rs 2.52 lakh package annually has been ‘grossly misrepresented’. This clarification comes from the IT firm as salaries starting from Rs 2.52 lakh for freshers has sparked outrage on social media.

“Our recent job posting for talent from non-engineering backgrounds, with a 3-year undergraduate degree has been grossly misrepresented. This job posting, with compensation of Rs 2.52 lakh annually was only for candidates with a 3-year undergraduate degree and not for engineering graduates,” Surya Gummadi, EVP and President, Cognizant Americas, said in a statement. The company said that its annual compensation for fresh engineering graduates ranges from R4 lakh to R12 lakh annually, depending on the category of hiring, skill set, and advanced industry accredited certifications.