Cognizant to pay $5.7 million compensation to former employees for underpaid extra work
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IT giant Cognizant has agreed to pay its former employees $5.7 million to compensate them for unpaid overtime hours after they reached a class-action settlement agreement. Cognizant's former employee Debi Mishra and other employees alleged in a lawsuit that Cognizant underpaid overtime by failing to include certain amounts when calculating the regular rate of pay. Most of the amount will be divided among the class members.