Executives who quit their stable jobs for the allure of startup life, with lucrative stock options and impressive job titles, are flocking back to their former employers, accepting similar or even reduced salaries, as they choose job security over the tantalizing prospects of the fledgeling startups.
“Many who left traditional firms to join startups are returning to established companies. They are moving at the same pay scale and, in some cases, even taking a 15-20% pay cut. Those taking the pay cuts have not been fired and want to work for more stable jobs," said Anshul Lodha, head of recruitment firm Page Executive, India.
Esta historia es de la edición April 18, 2023 de Mint Mumbai.
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Esta historia es de la edición April 18, 2023 de Mint Mumbai.
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