This is all very important information—you need to understand where you fit in the market so you can be competitive when hiring—but how you address refresh stock grants is the more ongoing issue to solve. Oftentimes, companies give new hire grants, which often cover three to four years with a cliff for the first year (at the end of 12 months, the first piece begins to vest and the rest vests monthly). As time goes on, this leaves you exposed because when someone has less future earning potential it may reduce incentive. Great people will always have great options for employment. You need to make sure you are adequately compensating employees on a forward-looking basis. Without the retention that comes from unvested stock, the most talented people might leave for new and potentially more lucrative pastures. … [Read more...] about Employee salaries at a fast-growing startup: What are the going rates?
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When contacted, I-T department official in Gwalior, Narendra Kumar Sharma, refused to comment saying he was not authorised to speak on the issue.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about I-T notice for Rs 3.5 cr penalty leaves BPO employee ‘shocked’
The PBT margin almost reached 24 percent. The uptick in margins was owing to improvement in utilisation rate, which improved 400bps to 75 percent, while the salary hike was completely absorbed in the quarter. Onsite wage hike was almost 1 percent to 2 percent, while offshore 8 percent was given during the quarter. As many as 440 employees added during the quarter. … [Read more...] about Tata Elxsi Q3: Mixed set of numbers; here are highlights of concall
Reasonable and diversified funding access– able to attract money from institutional, retail and also from the international bond market–should ensure business sustainability. It also is a meaningful provider of priority sector loans to the banking sector via sell down of loans and on balance-sheet borrowing. … [Read more...] about Midcaps likely to lead largecaps, Morgan Stanley handpicks 20 stocks for 2020
The clarification comes as there is confusion surrounding the words “optional” and “voluntary”, which actually means that only those who have a passport or driving license issued to them would have to produce these, reported The Times of India. … [Read more...] about NPR 2020 | Aadhaar, passport holders must share details: Home Ministry