Startups tweak hiring; scrap joining bonuses, increments and ESOPs
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Startups tweak hiring; scrap joining bonuses, increments and ESOPs

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Startups tweak hiring; scrap joining bonuses, increments and ESOPs
Credit: 123RF.com

Startups are doing away with joining bonuses and offers of stock options besides reducing notice periods as they conserve cash to navigate a slowdown in funding. Instead, many of them are hiring from the available pool of retrenched employees where required, even as they brace for more layoffs. The heady days ......

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