Cognizant Transaction Processing Specialist Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Transaction Processing Specialist Salary in IT Services & Consulting Companies for 1 - 5 years of experience

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Last Updated: 10 Feb 2025

Companies similar to Cognizant for Transaction Processing Specialist

Company name	Avg Annual Salary	Open Jobs
Accenture Transaction Processing Specialist Salary 2 - 10 years exp. (46 salaries)	₹2.4 L/yr - ₹10.5 L/yr 88% more
JPMorgan Chase & Co. Transaction Processing Specialist Salary 1 - 7 years exp. (121 salaries)	₹2.2 L/yr - ₹7.2 L/yr 68% more
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Conduent Transaction Processing Specialist Salary 3 - 8 years exp. (71 salaries)	₹2.1 L/yr - ₹4.1 L/yr 11% more
Empower Retirement Transaction Processing Specialist Salary 2 - 6 years exp. (10 salaries)	₹3.8 L/yr - ₹4.5 L/yr 40% more
Empower Transaction Processing Specialist Salary 3 - 6 years exp. (7 salaries)	₹3.8 L/yr - ₹4.9 L/yr 50% more

Transaction Processing Specialist salary at Cognizant ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Cognizant.

Experience wise Cognizant Transaction Processing Specialist salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for Cognizant

3.0

Rated by 1 employees for salary & benefits

Senior Process Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

The company is known for its emphasis on continuous learning and development, offering employees plenty of opportunities to grow and advance in their careers. Additionally, Cognizant is involved in various innovative projects across different industries, which can be exciting and rewarding for those who enjoy tackling complex challenges and contributing to transformative solutions.

Dislikes

The work-life balance could be better, Salary growth and increments could be substantial, Promotion that is not always on merit list, Senior Management communication and support from leadership should be better.

Skill development - Poor

+4 more

Senior Process Associate in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing to say much

Work satisfaction - Good

+1 more

Dislikes

Management and promotions are based on favaourism and very poor in salary hike and mainly without discussion with employees management gives us performance rating and apart from work there is no other activity today like no outings team lunch and other fun activities

Salary - Bad

+3 more

Senior Associate in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

3.0

• posted on 26 Jan 2025

4.0

for Salary and Benefits

Likes

Cognizant have lot of job opportunities and provide nice pay according to market standards. People working in cognizant can switch to other technology and work on it.

Salary - Good

+1 more

Dislikes

Hikes are very less when compare to other companies. Due to internal politics talented people efforts are recognised.

Skill development - Poor

+3 more

Business Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

Will get salary that is ok

Dislikes

But if you give more importance to mental health than salary don't join this company. You are literally a slave of the client and no body will speak for you.. and if your too lucky to get a client like Novartis(pharmaceutical company) and especially get into celonis tool project then you can say bye bye to your mental health and just hug the salary you get and stay. Working hard is not the issue but the politics they play and the slavery you guys will experience is more than what was done in the colonization period. Hope everyone understands my mental health state currently and would deeply analyze before joining cognizant or Novartis.

Promotions - Bad

+3 more

Senior Associate in Noida

Full Time

Procurement & Supply Chain Department

4.0

• posted on 10 Jan 2025

3.0

for Salary and Benefits

Likes

Cognizant has strong capebilities in delivering technology services with a robust support. People are satisfied working here but since past couple of years company has not given ample opportunitiesto employees in terms of growth and compensastion

Work satisfaction - Good

+2 more

Dislikes

Not good approasal No timely appraisal No promotion policies No standard salary parameters as per exp No benchmarking for compensastion

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What people are saying about Cognizant

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Hello guys, I've the below offers, (Teamware and Wipro not yet released the offers yet). I'm confused which one to choose. Could you give me some suggestions? Thanks. TCS : 13 LPA Teamware Solution: (Client: BNP Paribas) : 15 LPA Wipro: 16.5 LPA Tech: Cybersecurity, Vulnerability management, Crowdstrike, Risk Assessment. YOE: 7 yrs Location: Chennai

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Cognizant Transaction Processing Specialist Salary FAQs

What is the notice period for Transaction Processing Specialist at Cognizant?

According to AmbitionBox, 100% of the Cognizant Transaction Processing Specialists reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Cognizant Transaction Processing Specialist Salaries

Cognizant Transaction Processing Specialist salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cognizant latest salaries received from various employees of Cognizant.