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  • 标题:An Exploratory Study on Salary Bubble & its repercussions on employee retention ontechies of Indian Edutech and Tech Companies
  • 本地全文:下载
  • 作者:Aruna Uday Kulkarni ; Prachi Ajit Murkute ; Hrutuparna Kamble
  • 期刊名称:International Journal of Early Childhood Special Education
  • 电子版ISSN:1308-5581
  • 出版年度:2022
  • 卷号:14
  • 期号:5
  • 页码:2276-2281
  • DOI:10.9756/INTJECSE/V14I5.238
  • 语种:English
  • 出版社:International Journal of Early Childhood Special Education
  • 摘要:The demand for technology talent has shot up as more businesses shift online for the reason that of the pandemic. This means tech startups are now in competition with offline businesses that are being forced online, and with multinational firms that have to invest in WFH solutions. This research is undertaken after realizing the fact that the salary bubble is created. Due to this a sense of great hike in the salaries of the employees has become a concern for the big IT companies. As in the employees are welcoming the offer which are adding value in multiple way to their takeaways. The identified reasons for this switchovers is that all the unicorns are thriving to expand and go locations while they are absorbing the best talent available. The unicorns have a greater realization that hiring the best talent without compromising the packages will fetch them the best talent from the market. The paper concludes with the respondent’s answer pointing that the value of labor is not dependent on one’s location. Whether one is at point A or point B, the quality and quantity of work one produces remain constant. In other words, only the work set-up changed, not the work itself. The paper also concludes with the understanding that the scale by which remote work is redefining the tech industry is evident. It’s also clear how tech employees may bear the brunt of these changes. As such, the looming enforcement of the new pay mechanism has been met with mixed reviews. The paper concludes with the solutions to control the Salary Bubble.
  • 关键词:Salary bubble;Employee retention;Techies of Indian Edutech;work from home;unicorns and soon unicorns
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