P&G, ITC, HUL and others offering up to Rs 5 lakh as joining bonus to campus recruits

P&G, ITC, HUL and others offering up to Rs 5 lakh as joining bonus to campus recruits

Now, companies have started a trend to offer joining bonuses to campus recruits to attract the top talent and retina them for long term. Earlier joining bonus is applicable to only CEOs. Now, many blue chip companies like Philips India, P&G, ITCBSE M&M, and HUL are offering such incentives to attract the best brains while also maintaining internal pay parity. Fresher level joining bonus will be between Rs 1.50 lakh to Rs 5.0 lakh and startups also offering students joining bonus. Career experts felt that the bonus amount cash in hand helps young talent take care of their education loans and at the same time it helps companies maintain their internal pay parity

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