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Cos increasing variable pay to retain, attract talents: Experts

Sunday, May 20, 2018, 3:13 PM

Companies are offering 10-25% increase in variable pay as incentive to retain and attract talents, especially in the IT, FMCG, e-commerce, BFSI and telecom sectors, according to experts. "We see an increase ranging from 10-25% during the last 2-3 years. Today for some companies, the variable component is nearly 25% of the fixed salary for employees at junior-mid level," said the source.

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