Startups may scale back top gun packages as they set sights on profit

Singapore

IN THE fierce competition for talent, how do unicorns like Grab and Razer lure top guns away from more established businesses? With "offers they cannot refuse".

In return for the risks of working for a startup, these senior hires are often given packages that include generous sign-on bonuses and equity packages that align their longer-term interests with that of the employer's.

But as these high-growth startups hoist themselves onto a path towards profitability, compensation packages may be less generous for such future hires.

Grant Torrens, regional director of Hays in Singapore, confirmed the …