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number of startup execs in india with more than rs 1 cr salaries fall by 50% this year, technology news, ettech

number of startup execs in india with more than rs 1 cr salaries fall by 50% this year, technology news, ettech News Article With The full text news and with Resource Link at the bottom of the text and you can View this News Article in the source page.



number of startup execs in india with more than rs 1 cr salaries fall by 50% this year, technology news, ettech

for indians, eight figure pay packages traditionally announced their entry into an exclusive club: this year, its membership more than halved at bulge-bracket startups, where packages are fast dropping a digit to the right.technical or operational leaders aren’t the sole victims of restructuring or diminished fund flows to the sector where cxo pay, too, is headed south.search firms and venture capitalists such as kalaari and lightbox told et that while the number of executives earning more than rs 1 crore has fallen by as much as 50%, top functional leaders are also being hired at packages up to 40% lower than those of their predecessors.but some critical roles like chief executive officer and technology head continue to command a premium.“there are clearly two trends at startups. one ...