Information technology services firm Cognizant has announced it will pay its employees who are at the associate level or below an additional 25 per cent of their base salary in April in recognition of their “extraordinary continuity-of-service efforts” amid the COVID-19 outbreak.
The policy, which the company will review on a monthly basis, will benefit over two-thirds of its Indian workforce. The company had 203,700 employees across 13 locations in India as on December 31, 2019.
“Prime Minister Narendra Modi has imposed a nationwide 21-day lockdown in an attempt to contain the spread of the coronavirus. The Philippines is under