Cognizant is giving “substantially higher bonuses than 2019″, promoted 24,000 and is offering 1,60,000 employees with merit increases globally. ” Recognising our employees globally in serving our clients during this protracted pandemic, we are rewarding bonuses, despite 2020 being an extraordinarily challenging year,” said Cognizant India Chairman and MD Rajesh Nambiar. The US-based firm has two lakh of its 2.9 lakh employees based in India.