Cognizant CFO Jatin Dalal sees positive signals in IT demand scenario after long

Speaking about the recent controversy on low salary at the entry levels, Dalal said that it was a “misunderstanding” and for engineers the company pays salaries in the range of “Rs. 4 lakh going up to Rs. 12 lakh” for different types of work and colleges. “This Rs. 2.5 lakh salary, I want to put it on record, is not reflective of an engineer's salary. That is for a three year undergraduate course at an entry level…. So these are two very different parallel streams of hiring.”