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Startups hire top talent at lower salaries during slowdown

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MUMBAI: When Achitra Borgohain, founder of e-waste recycling service Binbag, posted a job opening for a project manager last week, he wasn’t expecting to be able to fill the role till the end of May. “I’m setting up a new processing plant in Guwahati, and it’s usually hard to find talent willing to relocate to Assam," says Bengaluru-based Borgohain.

To his surprise, he’s already got eight applicants from across the country lined up. “I even got an application from the co-founder of a waste management company," he says.

The impact of covid-19 in an already-slowing economy is pushing experienced professionals to consider jobs and roles they may not otherwise have contemplated.

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