Wednesday, 9 December 2015

Paytm gifts its 150 employees iPAD Air as a gesture of recognition

Mobile wallet firm Paytm if gifting Silver iPad Air with 16GB of data to around 150 of its employees as a means to express gratitude for their services. These would be given to employees who have been with Paytm for more than 5 years across all levels, divisions and functions.
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"These employees are good performers. That's why they have stayed with us," said Amit Sinha, vice-president-business and people at Paytm. "It makes sense to reward people who have grown with the organization. In a startup scenario, there is pressure and people expect quick results. Success does not come overnight and we are here for a game changing business, which will be built over years. We want our employees to build their stories and careers with us as we go along."

It was earlier reported by ET that Paytm has set aside a $3-4 million kitty this year apart from the normal compensation and the variable pay as compared to the kitty fof $1 million last year. It also plans to expand the Employee stock options plans(ESOPS) base to 1200 employees as compared to 600-700 last year.

Behind any successful company , there are numerous hard working and talented people who are leaving no stone unturned to make it successful. Recognizing their efforts and appreciating in this way is definitely a noble gesture by Paytm and also paves a way for others to follow.

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