{"id":1289584,"date":"2025-01-14T07:12:41","date_gmt":"2025-01-14T01:42:41","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1289584"},"modified":"2025-01-14T07:13:16","modified_gmt":"2025-01-14T01:43:16","slug":"cognizant-increases-retirement-age-to-60-years-for-all-indian-employees","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/cognizant-increases-retirement-age-to-60-years-for-all-indian-employees\/","title":{"rendered":"Cognizant Increases Retirement Age To 60 Years For All Indian Employees"},"content":{"rendered":"\n

In keeping with more general industry standards, Cognizant raised the retirement age for its workers in India from 58 to 60.<\/p>\n\n\n\n

\"Cognizant<\/figure>\n\n\n\n

All Indian workers, including those on on-site assignments who continue to be paid in India, are affected by this change.<\/p>\n\n\n\n

Cognizant Raises Retirement Age From 58 To 60<\/strong><\/p>\n\n\n\n

“This change aligns with common market practice and our commitment to attract and retain experienced talent,” the company said in an internal memo.<\/p>\n\n\n\n

Since the majority of Indian IT companies currently have a 58-year-old retirement age, Cognizant’s move<\/a> represents a major change in policy to capitalize on seasoned workers.<\/p>\n\n\n\n

Cognizant CEO Ravi Kumar S highlighted India’s increasing significance in the company’s global strategy at an event in India, calling it essential to its operations going forward.<\/p>\n\n\n\n

President Droupadi Murmu recently presented Ravi Kumar S with the Pravasi Bharatiya Samman 2025 award in recognition of his contributions.<\/p>\n\n\n\n

The CEO emphasized that in order to access untapped talent pools, Cognizant has extended operations into smaller cities like Indore and currently employs 250,000 people in India.<\/p>\n\n\n\n

Ravi Kumar S stated, “Earlier, we operated from big cities, now we operate from small cities… Our endeavour is to take it to the smaller cities.”<\/p>\n\n\n\n

He added, “Our future is predominantly India-based. We do believe that India is going to be the office of the world, the technology hub of the world for the next decade. And we want to power the Cognizant global story with the talent from India.”<\/p>\n\n\n\n

Cognizant Intends To Solidify Its Position As Market Leader<\/strong><\/p>\n\n\n\n

A larger trend in the industry to decentralize operations and promote growth in less crowded markets is reflected in Cognizant’s entry into Tier 2 and Tier 3 cities.<\/p>\n\n\n\n

Cognizant wants to solidify its position as the market leader in IT services by raising the retirement age and improving its talent strategy centered in India.<\/p>\n\n\n\n

The business’s actions are in line with India’s development into a major global technology hub and its expanding status as the “office of the world.”<\/p>\n","protected":false},"excerpt":{"rendered":"

In keeping with more general industry standards, Cognizant raised the retirement age for its workers in India from 58 to 60. All Indian workers, including those on on-site assignments who continue to be paid in India, are affected by this change. Cognizant Raises Retirement Age From 58 To 60 “This change aligns with common market […]<\/p>\n","protected":false},"author":25,"featured_media":1289592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[565,6932],"class_list":["post-1289584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cognizant","tag-retirement-age"],"acf":[],"yoast_head":"\nCognizant Increases Retirement Age To 60 Years For All Indian Employees - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/cognizant-increases-retirement-age-to-60-years-for-all-indian-employees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cognizant Increases Retirement Age To 60 Years For All Indian Employees - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"In keeping with more general industry standards, Cognizant raised the retirement age for its workers in India from 58 to 60. 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