News: Reliance Jio offering up to 60% pay hikes to poach staff

Compensation & Benefits

Reliance Jio offering up to 60% pay hikes to poach staff

Recently, around 20 junior to mid-management level executives at Tata Teleservices' Kerala operations quit the company and joined rival Reliance Jio Infocomm, enticed by a 20-30 per cent salary hike. This isn't a one-off case. With the Reliance IndustriesBSE 1.09 % unit in the job market shopping staff for its yet-to-be-launched service, and ecommerce majors fattened by foreign funding always in the lookout for the best talent, telecom companies such as Tata Teleservices.

Recently, around 20 junior to mid-management level executives at Tata Teleservices' Kerala operations quit the company and joined rival Reliance Jio Infocomm, enticed by a 20-30 per cent salary hike. This isn't a one-off case. With the Reliance IndustriesBSE 1.09 % unit in the job market shopping staff for its yet-to-be-launched service, and ecommerce majors fattened by foreign funding always in the lookout for the best talent, telecom companies such as Tata Teleservices.

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Topics: Compensation & Benefits, #Corporate

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