Cognizant hikes freshers' pay by 18%, to hire 20,000 from Indian campuses in 2020

Global IT services provider Cognizant aims to hire more than 20,000 students from campuses in India this year, according to its CEO Brian Humphries. The company has also increased annual campus salaries for engineering graduates by 18% to ₹4 lakh. Last year, Cognizant became the second IT firm after Tata Consultancy Services to employ over 2 lakh workers in India.