Research Article | Open Access
AnExploratory Study on Salary Bubble & its repercussions on employee retention ontechies of Indian Edutech and Tech Companies
Aruna Uday Kulkarni , Prachi Ajit Murkute ,Hrutuparna Kamble, Kritika Sinha
Pages: 2276-2281
Abstract
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
Keywords
Salary bubble, Employee retention, Techies of Indian Edutech, work from home, unicorns and soon unicorns