MagicalMochi
MagicalMochi
12mo

Trending @Cognizant; 5 months salary on resignation

I have been on the bench for the last 65+ days. Frey days back HR called me and asked to resign. He said If I go for the voluntary resignation then the company will give me 5 months salary and if I don't resign and in case they terminate me then I will get only 3 months salary and termination will reflect in my documents. I just wanted to know if they really give a 5 month salary if I resign now? If anyone knows about it please respond.

#bench #5monthsalary #resign #cognizant

12mo ago
SqueakyPancake
SqueakyPancake

Yes they will give 5 months salary, few of my friends resigned and they got the 5 months salary at a time, Only the thing you should conform is how many days will it take to credits the salary? And is it One time?

MagicalMochi
MagicalMochi

Thank you for replying. In how many days ur friends got? For me they said it will take 45 days.

FloatingQuokka
FloatingQuokka

In most of the cases the organization takes 45 days to settle the final statement.

PrancingBurrito
PrancingBurrito

Hi from which domain you are from and what's your current designation? PA/PAT/A

MagicalMochi
MagicalMochi

AIA, PA

PrancingBurrito
PrancingBurrito

Adding above questions what's your DOJ and location?

FuzzyDumpling
FuzzyDumpling

Yes they'll give for sure, same happened for my friend

MagicalMochi
MagicalMochi

In how many days he/she got the money?

FuzzyDumpling
FuzzyDumpling

45 day

SwirlyUnicorn
SwirlyUnicorn

Yes you will get 5months one of my colleague said to me

MagicalMochi
MagicalMochi

Okay, thank you.

FluffyNugget
FluffyNugget

Is it only the basic pay or the complete monthly salary ?

MagicalMochi
MagicalMochi

I submitted my resignation yesterday.

FuzzyCupcake
FuzzyCupcake

Hey did you received salary and documents?

WobblyHamster
WobblyHamster

Did you get a showcause notice for not getting hired in a different project before the HR called for this discussion? If yes then after getting showcause notice..how many days did the HR take to call you about this discussion

MagicalMochi
MagicalMochi

Yes I got an email where they asked me to justify the reason for not getting into any project within 3 days. After doing that HR called me just within 1-2 days I guess.

DizzySushi
DizzySushi

Will hr confiem these details in written mail.bcoz, post move out from cognizant, itnia not possible to contact hr

MagicalMochi
MagicalMochi

He did not give anything in writing.

FuzzyDumpling
FuzzyDumpling

Hi from when you are in bench, and how many time they extend the bench period

DancingNarwhal
DancingNarwhal

Which process were you in?

MagicalMochi
MagicalMochi

Thank you for replying. In how many days they got? For me he said it will take 45 days.

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