From amazing salary hikes and other perks being served on a silver platter just a year or two ago to now, when companies are using salary benchmarks to figure out whether they have overvalued employees—the startup ecosystem in India is going through a churn.
In fact, as many as a quarter of startup professionals might be what HR and hiring professionals are terming as 'unhireables' at this point.
Former overvalued startups that had gone on hiring sprees are now doing all they can to correct their mistakes while employees are resisting, waiting for things to settle with fingers crossed.
Tune in.
Recommended reading: India’s startup workplaces confront the rise of the ‘unhireables’
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform.Subscribe for more exclusive, deeply-reported, analytical business stories.
