Drawing the focus back to reskilling initiatives to bolster growth, CEO of New Jersey headquartered
said that the company will double its investment in
next year. Humphries has also asked employees to pledge to learn one new skill each quarter and to mentor one colleague each quarter.
ET has accessed a copy of the email sent to employees. Humphries indicated that employees who were more engaged and consistently upskilling tended to stay longer with the company.
Despite a number of resources for e-learning and upskilling, including a library of 50,000 self-paced courses on Cognizant Learn, the company may ramp up spends on upskilling initiatives, according to the mail. “We know we can do even better, so we expect to double our investment in technical education next year,” the chief executive had said.
The company has been focussing on rationalising its top heavy pyramid structure giving more preference to fresh,upskilled talent.
Referring to the available material within the company’s in-house skilling platform Humphries said executives could widen their knowledge on subjects like IoT, digital engineering, smart sensors and edge artificial intelligence, among others.
He also said that Cognizant had increased the compensation for entry level executives recruited from Indian campuses and is providing them internships to students in their final semesters to improve their technical readiness before they graduate and join the company.
“We’re also focussed on attracting and retaining tomorrow’s top talent…We’ve increased the compensation for entry level trainees