Tag Archives: Salaries

Snapdeal promises higher salaries, job security to staff as investor SoftBank pushes for sale

New Delhi: Snapdeal founders Kunal Bahl and Rohit Bansal have reached out to employees promising them higher salaries compared to last year as the company heads towards a possible sell out in the coming weeks. In a letter to employees, the founders said while the company’s investors are “driving the discussions around the way forward”, their “top and only priority ... Read More »

Snapdeal to Hike Salaries by 20 Percent for Top Performers

E-commerce major Snapdeal will roll out annual salary hikes of 20 percent and above for its top performers as part of its efforts to become a “meritocracy-led” organisation. The increase, effective from April 1, will also include ESOPs for the top performers. “We have moved onto a trimester-based performance review. We want to be a meritocracy-led organisation and we want ... Read More »