DEFINITION of 'Triggering Term'. A word or phrase that when used in advertising literature requires the presentation of the terms of a credit agreement so that individuals can compare credit offers on a fair and equal basis.
The $146-billion (Rs 9.3 lakh crore) IT industry employs some 3 million professionals. At India's top five outsourcing firms, the average age of employees is nearly 30, compared to the decade of the 2000s when the average age was around 25.
As per various reports coming in from the IT giant, it has been found that close to 6000 to 10,000 employees of Cognizant will be terminated this year. This amounts to 2.3% to 5% of their overall employee base globally. In India, there are 1,88,000 employees, whereas globally, there are 2.6 lakh employees. It hasnât been revealed yet that out of 6000-10,000 employees, how many belong to India. In an average annual period, around 1% of employees working in Cognizant usually leave the company (attrition), or are asked to leave after performance reviews. In 2015, 1% of their employees left the company, whereas, in 2014, 1-1.5% had chosen another job.