Snapdeal to give 20% hike to top performers

Posted on 14th Mar 2016 | 1005 views

5 avg. rating (100% score) - 1 votes

E-commerce major snapdeal to give 20% salary hike and above for its top performers as part of initiative to become "meritocracy-led" organization. The hiked pay will be effective from April 1, will also include ESOPs for top performers.

Snapdeal to give 20% hike to top performers

Nearly 5-15% of the company's employees will benefit, it is important to retain talent and these efforts keep employees motivated and committed to the company's goals. Last year snapdeal gave 16% hike to top performers. Snapdeal believes on meritocracy as people not meeting their KRSs (targets) are given an opportunity to improve and this year 200 employees on a 'performance improvement' notice.

0 Comments on Snapdeal to give 20% hike to top performers

Comment as a guest:

POPULAR POSTS

Appointment letter Format

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

Did your internship during college help you in your job?


Yes

No

I did not participate in an internship

Vote

Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status