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Sharp pay cuts in small towns as more cos end remote work
Mint Mumbai
|August 30, 2023
India's job market has shifted drastically since a year ago, when India Inc was on a hiring spree, offering generous pay packages, especially in tier II and III cities.
According to experts, the resurgence of in-office policies has led to a decline in compensation by over 40% for candidates located in smaller towns and cities. Companies have not only revisited dearness allowances, but has also done away with incentives that once facilitated remote working from these regions.
This story is from the August 30, 2023 edition of Mint Mumbai.
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