This company is offering BMW bikes, World Cup tickets, Apple gadgets to new employees!

In a bid to aggressively expand the 'Tech Team' by the financial year 2022, the fintech start-up, BharatPe plans to offer various joining and referral perks to the prospective tech employees who apply. The USD 922 million tech company, which is all set to launch a string of new products in the merchant and consumer lending space, aims to strengthen its Technology team by 3 times and hire 100 more members to it.

Here is a look at the perks that are on offer for the new employees at BharatPe:

1. The new tech candidates will have an option to choose between the Bike package and Gadget package.

The Bike package contains 5 bike options, namely:

BMW G310R
Jawa Perak
KTM Duke 390
KTM RC 390
Royal Enfield Himalayan

The Gadget package includes the following:

Apple iPad Pro (with Pencil)
Bose Headphone
Harman Kardon Speaker
Samsung Galaxy Watch
WFH desk and chair
Firefox Typhoon 27.5 D bicycle.

2. BharatPe will also host its tech team for the ICC Men’s T20 World Cup from Oct 17- Nov 14, 2021. The team members will get to watch T20 World Cup live.

3. Further, the appraisals for the tech team, which were preponed by 8 months, have earned 75% increments. The increments were split between CTC and incremental ESOPs and were effective from 1st July 2021.

The Bike package or Gadget package will be available to anyone who refers to the tech talent of the company. The packages have been extended to the entire team along with the alumni of BharatPe.

Why is BharatPe giving perks to new employees?

About the initiative, the Co-Founder and CEO of BharatPe, Ashneer Grover, said that BharatPe is a tech-first fintech company. As it builds the next generation of banking in India, it wants to invite and excite the best tech talent to work with it for building the market-leading products at a scale. And hence, it will take the lead in tech talent compensation in India because that is the only real investment their business needs, given the capital efficiency of its model.

While the digital payments company is planning to scale up its Point of Sale (PoS) business by 3 times, it has set a target of USD 6 billion (about INR 44,719 crore) in annualized transaction processed value (TPV) by the end of the financial year 2021-22. Also, BharatPe being the third-largest player in the private PoS category, is also working to ramp up its reach by 5 times and, thus, sell 'BharatSwipe' in 80 cities across India by the end of this fiscal year.

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