Experts predict that this appraisal season top performers at startups will get 100% raise. Besides many top performers will see their pay double while other high performers will take home increments of 30%-50%-plus.
In addition to year-end bonuses, accelerated promotions, sponsored family trips, executive programmes to global B-schools, and long-term incentives such as ESOPs and retention bonuses that top talent will get. Startups such as Faasos, Prozo, Jugnoo, CarDekho, Voylla, Droom and Big Basket are offering benefits such as ESOPS, 25-50% increment, spot awards, unscheduled promotions, KRA-based variable components to the top performers.
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