Snapdeal to give 20% pay hike to top performers
Online retailer Snapdeal has announced an annual salary hike of 20% and above for its top performers along with ESOPs, effective from April 1, 2016. The hike, Snapdeal's move to become a meritocracy-led organisation, will benefit around 5-15% of the company's employee base. The startup had rolled out a hike of 16% for its top performers last year.