Companies attract new talent using multi-year packages
With the adage "love your job, not your employer" gaining traction with every generation of fresh recruits, the job market too is using innovative tools to woo young blood for a "long-term relationship". This placement season, companies have added a new item to the bouquet: Freshers are being offered salaries in ascending instalments over 3-4 years. That is, they are being offered handsome fixed packages spread across years instead of the usual annual offer.
Read the Economic Times news report here.