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OpenAIย โขย 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 โน10,000/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 โน10k 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 Medialย โขย 1y
๐ต SaaS CEO Compensation at IPO: Balancing Salary, Equity, and Company Success โก๏ธ 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 magicย โขย 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 MoreHey I am on Medialย โขย 1y
The National Company Law Tribunal (NCLT) has instructed Byju's to pay salaries regardless of the edtech company's access to the funds raised through its rights issue and warned of an audit if employees are not paid. "You are a company that is funct
See MoreEmpowering Healthcar...ย โขย 2m
Job Title: Sales Executive โ AndroWash Company: Subhag HealthTech Location: Bengaluru (Field Work) Job Description: Subhag HealthTech is hiring a Sales Executive to promote our innovative infertility product AndroWash. The role involves daily field v
See MoreLostBird :)ย โขย 1y
Hack Used By Startup #9 Buffer Company Used Whatโ? 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...ย โขย 1y
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 MoreHey I am on Medialย โขย 6m
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 MoreBuilding xcesย โขย 1y
Weโre looking for a PHP Developer! Weโre building a Freelance platform offering both online and offline services, covering 800+ categories. Our MVP is live, with 150+ freelancers onboarded , start generating revenue and growing fast! Weโre now worki
See MoreI'm just a normal gu...ย โขย 6m
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
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