Employee headcount grew by 30 percent, with senior levels seeing the highest growth at 43 percent compared to the previous six months, RazorpayX Payroll data shows
Ballooning salaries and team expansions
The last six months has led to a 43 percent spike in salary spends of startups in India with companies hiring aggressively amid a tech boom, according to RazorpayX Payroll data.
The median salary has gone up by 7 percent during the April-September 2021 period as startups continue to see a growing investor interest, says a note released on October 20 by the salary management product of Razorpay, the digital payments and business banking company.
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