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Startups may scale back top gun packages as they set sights on profit
Such high-growth setups often lure senior hires at early stage with 'offers they cannot refuse' as the firms were riskier propositions then
Published Tue, Oct 22, 2019 · 09:50 PM
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.
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