Trending @Cognizant; 100% bonus or variable is it true is there any loophole on this
100% bonus or variable is it true is there any loophole on this
5 rating will get 100% variable pay however after tax amount credited in account would be less than 100%
Last year 5 rating got 115% , why less this time, even after record profit?
There is no record profit, it's just accounting that hides record loss and turned into profit. If you look at the results of other indian IT companies quarterly results everyone is in loss due to new indian labor laws. Since cognizant is not listed in india so they deal with this labor laws differently than indian companies. They are allowed to absorb this loss in 10 years due to different accounting laws of US.
After all the hype they did before hikes , and did nothing good, I have stopped thinking ðŸ«
What about those with 4 rating?
