 "money, cash, rupees")
Online used car marketplace CARS24 on Tuesday said it has introduced a voluntary pay cut for employees that would be invested as ESOPs of the firm.
The company, whose founders have decided to forego their salaries for the next six months amid the Covid-19 crisis, said the employees will get ESOPs worth two times the amount they invest. These 2X ESOPs will be allotted right away, CARS24 said.
“...all the four co-founders of the company will forgo 100 per cent salary due to the ongoing Covid-19 crisis for the next six months. The underlying idea behind the decision was
“...all the four co-founders of the company will forgo 100 per cent salary due to the ongoing Covid-19 crisis for the next six months. The underlying idea behind the decision was
