Fintech firm BharatPe on Monday offered several perks, including superbikes, to new tech team hires. The current surge in demand for tech talent isn’t just limited to startups but has also spilled over to the IT industry. During the first few quarters, we saw every second candidate rejecting the offer, with tech talent now ‘window shopping’ for higher remuneration. Giri adds that increments at IT firms remained muted in 2020, causing technology talent to actively look out for higher-paying roles, and making it even more difficult to retain good talent. Recently, Infosys’s chief operating officer, Pravin Rao, said that its employees are also becoming targets of hiring from Indian startup unicorns.

Source: Mint July 19, 2021 19:29 UTC