‘No salary for first year, pay Rs 20 lakh’: Zomato CEO sets criteria for chief of staff job

Zomato CEO Deepinder Goyal has ignited a significant conversation in the job market with his unconventional approach to hiring a Chief of Staff. The role, which has been vacant for nearly two years, comes with a controversial twist: candidates are required to pay ₹20 lakh (approximately $23,700) as a “fee” and will not receive a salary during the first year. This bold move has drawn both criticism and intrigue from various quarters.

  • Initial Fee: Candidates must pay ₹20 lakh as part of their application.
  • No Salary for First Year: The position will not offer any salary during the first year.
  • Potential Future Salary: If the candidate’s performance meets expectations, they will receive a salary of at least ₹5 million ($60,000) starting in the second year
  • Focus on Learning: Goyal emphasizes that this role offers unique learning experiences and opportunities to work on significant projects within Zomato, including its quick delivery service Blinkit and charitable initiatives like Feeding India
Related News  India's exports of goods and services projected to surpass $800 bn in 2024: GTRI report

Conversely, some business leaders and aspiring candidates have praised Goyal’s creativity, suggesting that the experience gained in this role could be invaluable for those looking to break into management consulting or strategy

Leave a Comment