As a retention strategy, Cognizant has enhanced its leave policy by increasing the number of annual paid leaves and the company will provide an option for employees to work from home or office, or choose a combination of the two, subject to client approvals and security clearances.

By continually assuring the currency, accuracy, and relevancy of business-critical data and analytics models, organisations can better anticipate and solve whatever market and environmental challenges they may encounter. However, perishable data and analytics models make it much harder to predict and respond to unexpected events.

Negative news about the new post-Brexit challenges for the UK’s financial services currently dominates headlines. The market structure is still far from settled ahead of upcoming talks between the UK and the EU on equivalence.

Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country and expect the number of new recruits in the March quarter to be “more than ever,” Cognizant India Chairman and managing Director Rajesh Nambiar said.

Cognizant India hired more than 17,000 fresh graduates from campuses in 2020 and expects to hire over 23,000 fresh graduates in 2021—indicating a 35% increase year-on-year.