BENGALURU: A crisis in leadership roles is compelling startups to raise the salary packages. Companies are now set to offer multi crore packages that includes portions in stocks.

Talent hunt agencies like EMA Partners, Korn Ferry, Hunt Partners, Transearch India and GlobalHunt are presently in search to fill 20 top notch vacancies in the e-commerce and startup sector, confirmed industry executives.

Founder and Managing Partner, Hunt Partners, Sunit Mehra said “Salaries for top talent at startups have doubled and in some cases even trebled in the last 18 months.

Mehra also shares that the salary ranges of these positions range between Rs70lakh to Rs1.5crore to Rs2-4crore and was pushed by cash component alone.

The vacancies are getting filled InMobi hiring a director level executive from an American MNC. Snapdeal plucked a head of technolgy from California-based computer software company, Paytm appointed an ex-Amazon employee as the lead to one of its business units and Flipkart hired a tech major for a lead opening in the e-portal.

CEO and founder of BlueStone, an online jewellery retailer Gaurav Singh said "Till about a year or so, we were not paying a multi-crore salary to anyone in the company. But now, we are paying multiple people salaries of this amount." Singh adds, "This is in addition to the ESOPs. It's for the key positions at leadership levels. We are ready to pay whatever it takes to acquire talent."

Getting right talent is  critical for well funded companies. The companies now use Employee Stock Option Plans (ESOPs), as an attraction and retention tool. EMA Partners confirm that startups have multiplied the salary for leadership levels up to Rs 3-d crore since last year, drives essentially by ESPOs.

Policybazaar.com, almost six years old now has also started using ESPOs for talent management. The Group Chief Marketing Officer and Managing Director of Paisabazaar.com said, "This is a retention tool as the war for key talent is getting fiercer by the day. We have recently started using ESOPs as a retention tool."

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