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Salaries head north at all levels as EV companies race for talent
Salaries have gone up in all levels as EV manufacturers poach and get poached. They are also hiring from adjacent industries. At the top, senior executives are often getting a 50% or higher jump in salaries, while at the mid-level the increase is almost 100%, say experts
Source | economictimes.indiatimes.com | Prachi Verma | Sharmistha Mukherjee, ET Bureau
The fast growth in India’s electric vehicle industry is driving up the salaries in this sunrise sector as companies are finding it tough to get the right talent.
Salaries have gone up in all levels as EV manufacturers poach and get poached. They are also hiring from adjacent industries. At the top, senior executives are often getting a 50% or higher jump in salaries, while at the mid-level the increase is almost 100%, say experts. One of the top recruitment firms, ABC Consultants, has closed 15 search mandates in the EV domain in the last one
