Global IT services giant Cognizant Technology Solutions has deferred its annual salary hikes this year by four months. It now plans to roll them out to eligible employees from August 1, two people confirmed to ET.Last year, the Nasdaq-listed firm had given hikes to employees in April.Confirming the development, Cognizant said, We are committed to recognizing the hard work and dedication of our associates through annual merit increases and bonuses. As part of this commitment, the merit increases... Read this story
