NEW DELHI: Mobile wallet firm Paytm<\/a> has set aside a $3-4 million kitty, up from $1 million last year, for people it refers to as those “taking a shot at the moon.” In other words, those setting audacious targets for the company. 新德里:移动钱包公司Paytm留出3 - 4美元百万凯蒂,高于去年的100万美元,对于人来说,它指的是那些“在月球。“换句话说,那些为公司制定大胆的目标。
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\nThis money, reserved for top talent including its 100 million wallet team members, is besides the usual compensation and variable pay expenditure paid to top performers in companies.
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\n“We have crores of rupees set aside for such teams. Like the team that was behind the 100 million wallet plan... They had set a target of achieving $20 million wallet transactions and ended up with $25 million in one year.
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\nWe’re in a fast pace of growth and people are superlative performers. They’re key to driving large scale projects for us,” said Amit Sinha, VP, business and people, Paytm. Only last month, the firm received approval for a payments bank.
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Paytm is also expanding the Esops<\/a> pool this year. Around 1,200 people will get Esops in the company this year, up from 600-700 last year. “As a culture we’re horizontal. We feel it’s driven by people’s capabilities. We hire from people from every industry and want them to build a story here,” he added.
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\nThe race to scale up and meet ambitious targets is leading to a rewards and recognition overhaul in Paytm. In terms of its employee base, Paytm has grown three fold over the past year from 1000 employees to 3000 people and hopes to hire 2000 more employees this year.
\n
\nThe company follows the bell curve, but the top performers are not restricted to 10%; they constitute around 20-25% of its employee base. “Everybody is a risk taker.
\n
\nWe can’t optimise on costs for an employee who is trying to grow from 0 to a 25 million wallet count within a year in a country where the market size is 10 million. We can’t implement a balanced scorecard here,” said Sinha. The company also encourages multiple hat-wearing and has been grooming people for different opportunities internally.
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Saurabh Vashishtha<\/a> started with a segment of fashion and added multiple categories to his role including product for marketplace at Paytm.
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\nRenu Satti started with HR, moved to merchant acquisition and is currently heading overall operations, while Shankar Nath, who started off as the recharge business head, and is now also heading overall marketing.
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\nThe company will hire around 225 students from campuses this year as compared to 150 last year. Around 100 of these students will be from business schools.\n\n<\/p><\/body>","next_sibling":[{"msid":48864239,"title":"'Messaging to become a new kind of operating system for mobile internet'","entity_type":"ARTICLE","link":"\/news\/mvas-apps\/messaging-to-become-a-new-kind-of-operating-system-for-mobile-internet\/48864239","category_name":null,"category_name_seo":"mvas-apps"}],"related_content":[],"msid":48864324,"entity_type":"ARTICLE","title":"Paytm sets aside $4 million reward for crack teams","synopsis":"This money, reserved for top talent including its 100 million wallet team members, is besides the usual compensation and variable pay.","titleseo":"mvas-apps\/paytm-sets-aside-4-million-reward-for-crack-teams","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-09-08 08:25:05","lastupd":"2015-09-08 08:30:10","breadcrumbTags":["MVAS\/Apps","Esops","PayTM","Saurabh Vashishtha"],"secinfo":{"seolocation":"mvas-apps\/paytm-sets-aside-4-million-reward-for-crack-teams"}}" data-authors="[" "]" data-category-name="MVAS/Apps" data-category_id="16" data-date="2015-09-08" data-index="article_1">
这些钱留给顶尖人才,包括1亿年的钱包团队成员,除了通常的补偿和可变工资支出是企业中表现最好。
“我们有卢比的卢比留出这样的团队。像1亿钱包计划背后的球队……他们已经设定了一个目标实现2000万美元的钱包的交易,最终以2500万美元一年。
我们在一个快节奏的增长和人们最好的表演者。他们为我们驾驶大型项目的关键,”副总裁阿米特•辛哈表示,商业和人,Paytm。上个月,该公司收到了批准支付银行。
Paytm也扩大esop计划今年池。大约1200人将得到esop计划今年在公司,高于去年的600 - 700。“我们的文化水平。我们感到这是受人们的能力。我们雇佣的人从每一个行业和希望他们建立一个故事在这里,”他补充道。
比赛规模和实现雄心勃勃的目标是导致Paytm奖励和承认改革。的员工基础,Paytm增长三倍在过去一年中从1000名员工3000人,希望今年雇佣2000名员工。
公司遵循钟形曲线,但不限于表现最好的10%;他们构成了大约20 - 25%的员工。“每个人都是一个风险接受者。
我们不能优化成本对于一个员工,他试图从0增加到2500万年的钱包数在一年之内在中国,市场规模是1000万。我们不能实现一个平衡计分卡在这里,”Sinha说。该公司还鼓励多个戴帽子和内部培养人不同的机会。
Saurabh Vashishtha开始一段时尚和多个类别添加到他的角色在Paytm包括产品市场。
雷努萨从人力资源开始,搬到商人收购,目前整体操作,虽然Shankar纳,谁开始充电业务负责人,现在也整体营销。
该公司将雇用约225名学生从校园今年比去年的150。大约100个学生将从商学院。
NEW DELHI: Mobile wallet firm Paytm<\/a> has set aside a $3-4 million kitty, up from $1 million last year, for people it refers to as those “taking a shot at the moon.” In other words, those setting audacious targets for the company.
\n
\nThis money, reserved for top talent including its 100 million wallet team members, is besides the usual compensation and variable pay expenditure paid to top performers in companies.
\n
\n“We have crores of rupees set aside for such teams. Like the team that was behind the 100 million wallet plan... They had set a target of achieving $20 million wallet transactions and ended up with $25 million in one year.
\n
\nWe’re in a fast pace of growth and people are superlative performers. They’re key to driving large scale projects for us,” said Amit Sinha, VP, business and people, Paytm. Only last month, the firm received approval for a payments bank.
\n
Paytm is also expanding the Esops<\/a> pool this year. Around 1,200 people will get Esops in the company this year, up from 600-700 last year. “As a culture we’re horizontal. We feel it’s driven by people’s capabilities. We hire from people from every industry and want them to build a story here,” he added.
\n
\nThe race to scale up and meet ambitious targets is leading to a rewards and recognition overhaul in Paytm. In terms of its employee base, Paytm has grown three fold over the past year from 1000 employees to 3000 people and hopes to hire 2000 more employees this year.
\n
\nThe company follows the bell curve, but the top performers are not restricted to 10%; they constitute around 20-25% of its employee base. “Everybody is a risk taker.
\n
\nWe can’t optimise on costs for an employee who is trying to grow from 0 to a 25 million wallet count within a year in a country where the market size is 10 million. We can’t implement a balanced scorecard here,” said Sinha. The company also encourages multiple hat-wearing and has been grooming people for different opportunities internally.
\n
Saurabh Vashishtha<\/a> started with a segment of fashion and added multiple categories to his role including product for marketplace at Paytm.
\n
\nRenu Satti started with HR, moved to merchant acquisition and is currently heading overall operations, while Shankar Nath, who started off as the recharge business head, and is now also heading overall marketing.
\n
\nThe company will hire around 225 students from campuses this year as compared to 150 last year. Around 100 of these students will be from business schools.\n\n<\/p><\/body>","next_sibling":[{"msid":48864239,"title":"'Messaging to become a new kind of operating system for mobile internet'","entity_type":"ARTICLE","link":"\/news\/mvas-apps\/messaging-to-become-a-new-kind-of-operating-system-for-mobile-internet\/48864239","category_name":null,"category_name_seo":"mvas-apps"}],"related_content":[],"msid":48864324,"entity_type":"ARTICLE","title":"Paytm sets aside $4 million reward for crack teams","synopsis":"This money, reserved for top talent including its 100 million wallet team members, is besides the usual compensation and variable pay.","titleseo":"mvas-apps\/paytm-sets-aside-4-million-reward-for-crack-teams","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-09-08 08:25:05","lastupd":"2015-09-08 08:30:10","breadcrumbTags":["MVAS\/Apps","Esops","PayTM","Saurabh Vashishtha"],"secinfo":{"seolocation":"mvas-apps\/paytm-sets-aside-4-million-reward-for-crack-teams"}}" data-news_link="//www.iser-br.com/news/mvas-apps/paytm-sets-aside-4-million-reward-for-crack-teams/48864324">
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