Cognizant is facing criticism after offering a salary of ₹2.5 lakh per annum (LPA) to engineering freshers during a mass hiring campaign. The salary offer has sparked outrage on social media, with many users arguing that such a low wage is inadequate for skilled labor. Comparisons have been drawn to other professions, with some pointing out that even drivers earn more.
1. The quality of freshers is often so bad that even ₹20k/mo is over spending
– most don’t know how to communicate professionally
– most can’t code properly
– most don’t know how to behave professionally
2. It is a training stipend
3. It is an open market – Don’t apply if… https://t.co/27dLq6NzTo— Vatsal Sanghvi (@Vatsal_Sanghvi) August 14, 2024
Defense and Criticism on Social Media
Bengaluru-based entrepreneur Vatsal Sanghvi, founder of 1811 Labs, defended Cognizant by suggesting that the salary should be viewed as a stipend, given the training and development opportunities the company provides. Sanghvi argued that the quality of freshers often does not justify higher pay, emphasizing the need for these individuals to focus on building their skills.
However, his stance was met with criticism. Many users argued that companies should invest more in training students during their college years, suggesting initiatives like weekend refresher courses or exclusive training programs in partnership with educational institutions. Others noted that the salary offer has not changed since 2006, despite inflation, underscoring the need for wage adjustments.
Also Read: Cognizant: India’s Highest Paid CEO Offers 2.52 LPA Salary To Freshers; Stirs Social Media Debate
On the other hand, some users supported Sanghvi’s view, stating that the salary is still higher than many entry-level jobs and that those dissatisfied have the option to seek better opportunities elsewhere.
Cognizant’s Silence Amidst the Controversy
As the debate continues, Cognizant has yet to respond to the widespread criticism. The controversy underscores broader concerns about wage stagnation, inflation, and the disconnect between employer expectations and the realities faced by fresh graduates entering the workforce.
Also Read:Adani Stocks Plunge Upto 17%, Rs. 53,000 Wiped Out After Hindenburg Report Hits SEBI Chief
