Cognizant defers increments for senior staff

“We are making changes to the manager-plus annual salary revisions and promotions process. We are refining the process not simply to contain costs, but to drive greater career mobility, just in time promotions and a more meritocratic culture. Therefore, for this population we are deferring all decisions on salary increase and promotions until next year,” said Cognizant CEO Brian Humphries in an email to employees.

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