Bengaluru: Online Marketplace Flipkart Internet Pvt. Ltd is doling out increments of 8-15% this year even as it gears up to hire as many as 5,000 Employees Across Across Its Its Business Segments, Including Its 10-Month-Commerce Service Flipkart Minutes.
Last year, the walmart-backed e-commerce giant opted for merit-based payouts handed out in April and October INTEAD of Salary Increments that are stagged access an eleventh year. Also, Several Senior Employees Were Denied A Pay Hike For A Second Consecurate Year as Flipkart Sought to cut costs and raise efficiency.
This year, the Bengaluru-Based Digital Marketplace is on an expansion drive, particularly in the quick-commerce space, where it’s rushing to catch up with youcer but more established come and zepto.
The Salary Increase Projected for India’s e-Commerce Industry This year is 9.3%, up from an average increase of 9.1% in 2024, according to consulting firm aon’s Annual Salary Increase and Turnover Survey 2024-25The Industry’s Highest Increment in the Past 7-8 years in 2022, When Salary Increases Averaged 10.6%, According to Aon.
“This time the range was wide and the reason (for the salary increments) is meritocry,” seema nair, chiff human resources officer at flipkart, told Mint in an interview. “So for some somebody who’s either been in the top two performance ratings or somebody who got promoted in the last cycle, the ratings have been even more rich.”
Flipkart has also handed out promotions to about 20% of its employees, in line with last year, nair said. “Additional, our stock option allocation exercise has been extended amon a much larger employee pool this year.”
Across Industries, Appraisals and Salary Increments this year are projection to be WORSE THAN In 2024 as Slowing Corporate Earnings and Lethargic Economic GrowTraned Budgets, Pushing Companys, Pushing Company More tightfisted.
“Talent poaching and attrition are making parts of the e-commerce workforce pretty fragile right now,” said kartik narayan, chiff expert of teamlease staffing. “Companies are handing out 10%+ hikes – Sometimes double for top performments – JULD on to Key Talent. Talent in Tech and Market Facing Roles. “
Also read | Flipkart on Track to Open 800 Dark Stores by December as Quick Commerce Booms
Flipkart’s hiring rush
Flipkart plans to hire 5,000 employees in 2025-26 Across Business Categories, Including Central and Regional Roles in Supply Chain, Travel Booking Platform Cleartrip, as well as Technology Roles in Product, Design and Engineering. The company will also also place special Emphasis on Artificial Intelligence Roles, Nair Said.
A Sizable Port of the Hiring will be centered Around Flipkart’s Quick-Commerce Operation, Minutes, with a Focus on Roles in Hyperlocal Commerce and Fashion, Nair Added. Flipkart had about 22,000 Employees Last Year.
“Flipkart’s plan to hire 5,000 people in 2025 (is a) Strong Signal They’re Doubling Down on Quick-Commerce and Fintech. With 800+ Dark Stores Coming Up, This COLD FOR FOR FOR FOR FOR FOR FOR FOR FOR FOR FOR FOR FOR Players … others might have to return their hiring and retention game, “Said narayan of teamlease staffing.
Flipkart Venture Into Quick-Commerce-WHICH Promies Delivery of Grocery and Other Essentials Within Minutes-In August Last Last Year to Keep Up with Competition from Players LIKE ZEPTO, ZOMATO-Opten Blinkit, and Swiggy Instamart.
Flipkart’s hiring plans come as other startups that have ben chasing Profitability or aiming for a public market listing Intelligence will change their workflows.
Also read | Flipkart Fintech 2.0: Can Super.money Strike Gold?