BYJU'S Slashes Sales Staff Salaries By 90%, Links Pay To Performance
BYJU'S Cuts Sales Staff Pay
BYJU'S has drastically reduced fixed salaries for new sales hires by 90%.
New Salary Structure
Inside sales associates' annual compensation is now INR 4 Lakhs, with only INR 1.15 Lakhs fixed.
Monthly Pay Reduction
New hires' monthly in-hand salary drops to INR 10,000, down from INR 35,000-INR 40,000 previously.
Performance-Linked Pay
The majority of the salary is now performance-based, creating financial uncertainty for employees.
Cost-Cutting Measures
BYJU'S aims to reduce costs under its BYJU'S 3.0 program, shifting to a performance-linked pay model.
Employee Concerns
There are outstanding salary and PF dues for many current and former employees, raising financial stress.
BYJU’S Slashes Salaries For New Sales Hires By More Than 90%
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