The merit-based hike applies on roles up to the Senior Associate level but amount will vary based on country and performance. In India, employees who have consistently performed well will get pay hikes in the high single digits.
“Top performers will receive the highest increases,” a company spokesperson said, adding that most associates had already received their highest bonuses for the last three years.
The announcement comes soon after Cognizant reported a healthy Q2 earnings. It showed an 8.1% year-on-year revenue rise to $5.25 billion and a record $27.8 billion in bookings over the past 12 months.
The IT major added 7,500 employees in the latest quarter, taking its total headcount to over three lakh employees, and plans to onboard 15,000 to 20,000 freshers in 2025.
The NASDAQ-listed company has also made $1 billion bet on Artificial Intelligence (AI) to prepare its talent for the AI era, build infrastructure through AI Labs, and create tailored solutions for clients.
It is also embracing a hybrid workforce for the future, comprising of human and digital agents.
Surya Gummadi, President of the Americas at Cognizant, said that the future of workplace will be a blend of human employees and digital agents powered by artificial intelligence (AI) and that the exact dynamics between human and digital agents is still evolving.
Gummadi also dismissed any threat or existential crisis due and that existing jobs “might morph into something different.”
Cognizant has partnered with Google to train 200,000 employees in AI technologies, underscoring the scale of their reskilling efforts.
“We’re working with academia, colleges, and universities to adjust the curriculum for our intake, and we’re training our workforce too,” Gummadi explained in an exclusive interview with CNBC-TV18.
Also Read: Agentic AI is the future, and Cognizant wants to lead the charge
First Published: Aug 14, 2025 12:30 PM IS
