Cognizant Leave Policy 2023
Cognizant is a multinational IT company with its headquarters in the United States. It has a significant presence in India, with over 250,000 employees. Cognizant has a comprehensive leave policy that caters to the diverse needs of its employees. In this article, we will take a closer look at the Cognizant leave policy.
Types of Leaves in Cognizant
Cognizant offers its employees various types of leave to help them balance their personal and professional lives. These leaves include:
Casual Leave:
Casual leave is granted to employees for short periods of absence, usually for personal reasons. Employees are eligible for a maximum of five casual leaves per calendar year.
Sick Leave:
Sick leave is granted to employees who are unable to work due to illness or injury. Cognizant provides its employees with 12 sick leaves per calendar year.
Maternity Leave:
Female employees are entitled to 26 weeks of maternity leave, which can be availed in two spells. The first spell can be availed for a period of up to eight weeks before the expected delivery date, and the second spell can be availed for the remaining period after delivery.
Paternity Leave:
Male employees are eligible for 15 days of paternity leave, which can be availed within six months of the child’s birth.
Adoption Leave:
Employees who adopt a child are entitled to 26 weeks of adoption leave, which can be availed in two spells. The first spell can be availed for a period of up to two weeks before the adoption date, and the second spell can be availed for the remaining period after adoption.
Bereavement Leave
Employees are eligible for three days of bereavement leave in the event of the death of an immediate family member.
Personal Time Off (PTO)
PTO is a flexible leave option that allows employees to take time off for personal reasons such as attending to family obligations, personal appointments, or emergencies. Employees can use up to 10 days of PTO per calendar year.
Long Service Leave
Employees who complete 10 years of service with Cognizant are eligible for six months of long service leave, which can be availed in one go or split into two spells of three months each.
Leave Approval Process
To avail of leave, employees need to submit a leave application through the company’s HR portal. Once the application is submitted, it is routed to the employee’s reporting manager for approval. If the reporting manager approves the leave, it is then forwarded to the HR department for final approval.
Leave Encashment
Cognizant allows its employees to encash a portion of their unused leave at the end of the year. Employees can encash up to five days of unused leave, subject to a maximum of 30 days in their entire tenure with the company.
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Conclusion,
the Cognizant leave policy is employee-friendly and caters to the diverse needs of its employees. It provides its employees with various types of leave, including casual leave, sick leave, maternity leave, paternity leave, adoption leave, bereavement leave, personal time off, and long service leave. The leave approval process is streamlined and efficient, making it easy for employees to apply for and get approval for their leaves. The company also allows its employees to encash a portion of their unused leave, providing them with a monetary benefit. Overall, the Cognizant leave policy is a positive aspect of the company’s employee welfare initiatives.