This Report Will Force Young People Who Dream Of Becoming Engineers To Think And Learn The Details.

If youngsters studying engineering or freshers dreaming of doing so want to enter this field thinking that they will all get a package worth crores of rupees, then they should read this report. A report has recently come in. In that, leading IT company Cognizant has said that it gives a salary of Rs 4 to Rs 12 lakh to fresh engineering graduates and the salary mentioned on social media is for those who do not have postgraduate degrees in engineering.

The company said this

Let us tell you that the company is facing criticism on social media for offering an annual salary of Rs 2.52 lakh to new recruits. The company also faced criticism on social media for offering only one per cent annual salary hike. However, this is the lower range of 1 to 5 per cent annual salary hike that the company has given based on individual performance. Cognizant hires new engineers and non-engineering graduates every year for various roles.

What is the real salary?

Surya Gummadi, President, Cognizant America, said that our recent recruitment notification for non-engineering talent was grossly misrepresented. This job, with a salary of around Rs 2.52 lakh per annum, was only for candidates with a three-year bachelor’s degree and not for engineering graduates. He further said that our annual package for fresh engineering graduates ranges between Rs 4 lakh and Rs 12 lakh per annum. It depends on the category of appointment, competencies and certificate of recognition in the modern industry.

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The situation of these people is worse.

WorkIndia, a technology-based labour-intensive recruitment platform, has reported that while workers are experiencing modest improvements in their financial security, they are far from achieving a comfortable standard of living. According to the report, incomes in this range cover necessities but leave little room for savings or investment, highlighting the economic weakness of a large portion of the workforce in this category.