Lateral Entry into Cognizant: When to Expect Appraisals and Hikes

If you join Cognizant on July 14, 2021, understanding the appraisal cycle and hike eligibility is crucial for planning your career growth. This guide will help you navigate the timeline and expectations during your transition to Cognizant.

Lateral Entry and Appraisal Timeline

When you join Cognizant through lateral entry on July 14, 2021, your initial rating and the associated hike will follow the standard appraisal cycle.

First Appraisal and Hike

Based on your performance and completion of the onboarding process, you will be eligible for your first formal appraisal in February 2022. This appraisal will take into account your performance during the first few months of your tenure. If you perform satisfactorily, you may receive a hike effective from July 2022.

Delayed Situation

However, the appraisal and hike timeline can be affected by external factors and corporate policies. In case the organization experiences unusual circumstances or business challenges, the appraisal and hike can be delayed. For instance, if the situation worsens in the subsequent year (e.g., 2023), the appraisal and hike may be postponed to October 2022.

Key Dates to Remember

July 14, 2021: Date of joining Cognizant through lateral entry February 2022: First formal appraisal expected July 2022: Hike effective if you are rated satisfactorily October 2022: Potential delayed date for appraisal and hike if circumstances change

Understanding the Appraisal Cycle

Cognizant's appraisal cycle is designed to evaluate employee performance and determine salary hikes and promotions. The typical appraisal cycle is structured to provide regular feedback and rewards to employees. Here's a more detailed explanation of the key milestones:

Performance Evaluation

Your performance during the first few months of your tenure will be evaluated to determine your eligibility for the appraisal. This evaluation is based on key performance indicators (KPIs) and job responsibilities. It is essential to maintain a high standard of performance to achieve a favorable rating.

Ratings and Hikes

Based on the evaluation, you may receive one of several ratings:

Outstanding: You perform exceptionally well and may receive a significant hike. Exceeds Expectations: You perform above expectations and may receive a good hike. Meets Expectations: You perform adequately and may receive a modest hike or no hike. Needs Improvement: You may receive a lower rating, leading to a delayed hike or no hike.

It is crucial to communicate effectively with your manager and address any areas for improvement to ensure a positive outcome.

Appraisal and Hike Process

The appraisal and hike process typically involves several steps:

Self Assessment: You will provide a detailed assessment of your performance. Managerial Review: Your manager will review your self-assessment and provide feedback. Peer Review (if applicable): Colleagues may provide input as part of the review process. Final Evaluation and Decision: The final rating will be determined based on the combined inputs and recommendations. Hike Implementation: If the rating is favorable, the hike will be implemented with effect from the month following the appraisal.

Conclusion

Joining Cognizant through lateral entry is a significant opportunity, and understanding the appraisal cycle and timeline can help you plan your career growth effectively. By maintaining a high standard of performance and working closely with your manager, you can increase your chances of a favorable outcome during your first and subsequent appraisals.

Keywords

Cognizant Lateral Entry, Employee Appraisal Cycle, Hike Eligibility