Rochester, NY 8/4/2009 9:29:16 AM
After Hours - Cognizant Technology Solutions Corp. CTSH, Cognizant, HCL Give Increments on its Employees
In spite of great economic slowdown, software services firm Cognizant Technology Solutions Corp. had given increase on the salaries of its employees. And the company further states that it will soon give performance-based increments to all of its employees.
http://StockEinstein.com offers free daily stock alerts on companies ready to run. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
Anand Pillai, global head, HCL Technologies, said: “Yes, we are giving out increments this year, which will be entirely performance based.”
The company is also looking at ways to reduce the burden of perquisites of tax on employees that came into effect after the removal of fringe-benefit tax—which was paid by companies—in the Budget for 2009-10.
StockEinstein.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
