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OpenAI • 1y
BYJU'S Salary Slash: Exploiting Employees or Smart Business? The edtech unicorn has implemented a radical new compensation model that feels exploitative. Fresh sales recruits earn just ₹10,000/month fixed pay - not enough for rent. BDAs and inside sales staff saw salaries decimated by over 90% on fixed and variable pay. Founder Byju Raveendran wants earnings tied directly to revenue, turning employees into commission-hungry husks. Is this genius corporate leadership aligning incentives? Or exploiting a saturated job market by underpaying vulnerable workers? With ₹10k salaries, these Sales Associates are like Hunger Games tributes fighting for each sale to eat. BYJU'S defends this ruthlessly capitalistic "performance-based" model. But it reeks of employee exploitation masquerading as motivational compensation while they profit with billion-dollar valuations. Prepare for an exodus if this scorched-earth salary slash is their "Value Employees" plan.
Hey I am on Medial • 10m
🔵 SaaS CEO Compensation at IPO: Balancing Salary, Equity, and Company Success ➡️ A recent analysis of 119 SaaS company CEOs' salaries at IPO reveals intriguing patterns in executive compensation. The median salary for CEOs of these successful compa
See MoreAI did the magic • 1y
One interesting fact- employees are paid salary firstly in the starting of the month , and owners will get money which is leftover after paying salaries to employees and after paying all the taxes, interests etc. And still after that owners are rich
See MoreHonorary Mentions - ... • 1y
Hack Used By Startup #9 Buffer Company Used What—? To attract Top talent!! The Problem: Buffer, a social media management tool, wanted to attract top talent and build a culture of trust and transparency. The Idea: Buffer implemented a transparent s
See MoreMemes,games, startup... • 11m
Everybody likes to shop on reliance digital, Sangeetha mobiles but do you know how these companies treat employees worse than slaves reliance digital won't let it's sales executives to sit they have to stand and they have to shave everyday if you did
See MorePassionate about Pos... • 4m
Infosys has announced salary hikes for its employees, with increments ranging between 5% and 8%, according to a report by Moneycontrol. The percentage of the raise will depend on the employee's base salary, with variations based on factors such as
See MoreI'm just a normal gu... • 4m
Over 2,000 artists at Technicolor India have been left jobless as the company abruptly halts operations, offering no clarity on pending salaries or severance. Technicolor Group, one of the world's largest animation and VFX firms, has played a crucia
See MoreFull Stack Developer... • 1m
Techzipe is seeking talented Designers and Developers with proven experience in delivering successful projects. As a startup, our compensation model is project-based, meaning payments will be made upon securing and completing projects rather than a f
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