The Indian commerce payment and financial tech company Paytm has announced that it will step into hiring from smaller cities of the country and allowing them to work from their respective places, without shifting to the Paytm office cities, amidst the pandemic.
Many organizations in the country, including Tier I and Tier II companies especially operable in the IT sector have declared putting into place a hybrid model of work, which would permit employees to work from home, even post pandemic. At any time, not more than 20-25% of the office strength would be required in the work location.
Now, a big announcement comes from Paytm founder Vijay Shekhar Sharma that they have doubled on hiring staff from small cities in the country.
Let’s learn more about this.
Paytm to Increase Hiring in Smaller Towns
At the ClearTax e-Invoicing Leadership Conclave held on Wednesday, Paytm founder Vijay Shekhar Sharma informed that there were ongoing plans of hiring new recruits in their offices in large cities, once the pandemic subsided.
On the contrary, the company decided to go ahead with hiring more new recruits from smaller cities of the country and asking them to continue working from their respective locations, instead of shifting to the offices.
“We are doubling down on that… (People) can now work from wherever they are Chandigarh, Jalandhar, Orissa… Our plan (is) that we will recruit in small cities and not ask them to join (offices) in the big cities,” said Sharma.
Sharma also informed at the Conclave that even though they haven’t finalized any specific model for the future, they are considering allowing about 20-25% of the staff to permanently work from home.
Paytm to Expand into Intl Mkts in Future
Speaking at the Conclave, Sharma talked about how India’s strong hold on software can be leveraged to enhance productivity levels and improved work environment.
Sharma also informed that in another 2-3 years of time, Paytm will add the dimension of more international markets. However, India will continue to remain its primary market.
“I am enamoured by the opportunity to serve the common citizen of this country using software technology at a scale that when it says software will eat the world, India’s software will eat the world’s unproductivity.
We, in India, will make ourselves productive and solve our customers’ needs which will be never possible in another part of the world.”