Xpheno reposted this
Journalist | HR & Education | Ex- Moneycontrol, The Economic Times
#GFF2024 | As the Global Fintech Fest nears end on August 30, industry experts say that although #fintechtalent is readily available in India, the rapid pace of fintech industry development will soon outstrip the availability of experts. ✅ Several fintech startups have highlighted the challenges in hiring employable talent in the competitive market. ✅ Xpheno found that top 130 fintechs' headcount has grown 11% over the last 12 months, growing from 1.20 lakh to 1.34 lakh in August 2023. ✅ However, this cohort of companies also tackled a 26% attrition, with nearly 1 in 4 employees having at least one job switch during the year. ✅ Churn is high in the entry level, support, sales and customer facing functions: Divya Kurup Read further: https://lnkd.in/gumVyffU Affordplan | #fintechtalent | #fintechhiring | #fintechnews |
Peer Hunt Inc - Senior and Executive Level Search firm.
2moIf these data points are correct ,that is mid level salary ranges from 5 - 8 lacs then I am very sceptical about the talent such fintechs have and what such talent will deliver .