What is Bench Time? “Bench time” refers to the time period when employees in a service or consulting business are not engaged on billable projects. The terminology is normally used in reference to the employees at outsourcing, consulting and IT services companies. During their bench time, the concerned employees – freshly trained talent, IT staff,…
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Cognizant reduces bench time for employees
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•Cognizant has been actively working on cost cutting measures for some time now. In recent months, the company has announced a series of measures to contain its finances and streamline its business. Earlier in October 2019, while announcing the company’s financial results – Brian Humphries, Chief Executive Officer (CEO) said, “Over the past few months, we’ve…