Cognizant Bonus Percentages for 2018: A Comprehensive Guide
Cognizant Bonus Percentages for 2018: A Comprehensive Guide
As a Cognizant employee, understanding the bonus percentages for 2018 is crucial. With Cognizant's performance-driven culture, bonus distribution can vary widely depending on various factors, including your business unit (BU) and individual performance ratings. Here, we break down the recent developments and provide a detailed analysis of the bonus percentages.
Recent Updates and Developments
Based on the latest information from Cognizant's CPO office, there have been several significant changes in bonus distribution. Here's a summary of what we currently know:
Overall Incentive Figures
In general, similar to previous years, the bonus percentages have been categorized into three brackets. Here are the estimated percentages:
First Bracket (Top Performers): 130% Second Bracket (Good Performers): 105% Third Bracket (Average Performers): 80%It's important to note that these figures are subject to change, and Cognizant is yet to finalize the exact amounts. As of now, the company is eagerly waiting to see how generous they can be with the payouts.
EA, EM, and MS Employees
For employees working in Enterprise Architecture (EA) and Enterprise Management (EM) teams, the bonus percentages are slightly higher. Here are the expected figures:
EA (Enterprise Architecture): 130% EM (Enterprise Management): 105% MS (Middle-Senior Team): 80%However, for Management Associates (MA), the bonus percentage is currently 0%, which is a significant change from previous years. The reasons behind this are not yet clear, and Cognizant has not yet communicated any plans regarding potential organizational exits for MA positions.
Anonymous Insights
Considering the above information, we have taken inputs from anonymous sources, including account leads, to provide a more accurate picture. Here is a summary of the insights collected:
For those in the first bracket, the bonus range is estimated to be between 110% and 120%. For the second bracket, the bonus is expected to be around 100%. The third bracket is estimated to receive around 90%.These estimates are based on recent emails from the CPO office and may subject to change as Cognizant finalizes the payout plans.
Conclusion
Bonus distribution at Cognizant can vary significantly based on your performance and role. With the company recently announcing new bonus percentages, it's important to stay updated and prepared for any changes. As of now, the exact figures are yet to be finalized, and employees should prepare for some uncertainty.
For more detailed information and updates, it's recommended to check official Cognizant communication channels and stay connected with your colleagues for the latest insights.