scorecardAfter stinker letter from IIM-A, Flipkart offers additional Rs 1.5 lakh to new recruits
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After stinker letter from IIM-A, Flipkart offers additional Rs 1.5 lakh to new recruits

After stinker letter from IIM-A, Flipkart offers additional Rs 1.5 lakh to new recruits
IndiaSmallbusiness1 min read
Flipkart has now offered an additional Rs 1.5-lakh joining bonus after it attracted criticism for deferring the joining of IIM-A recruits.

The IIM-A had written a strongly worded letter to Flipkart over extending joining dates and giving Rs 1.5 lakh as compensation.

Flipkart said it was restructuring its businesses due to which joining dates of campus recruits was shifted from June this year to December.

READ ALSO: Flipkart won’t be among the first ones to hire at IITs, may lose privilege after fallout with IIM-A

"As we work on redesigning this programme, we have taken a decision to postpone the joining of new recruits by a few months. Instead of June 2016, the new recruits will now be part of the improved campus program in December 2016. Flipkart will also pay an additional joining bonus of Rs 1.5 lakh to all campus recruits," Flipkart has said in a blogpost.

IIM-Ahmedabad has written to Flipkart co-founder Binny Bansal on the issue, saying the students felt cheated for no fault of theirs for choosing the company over other brands and will suffer as they have to re-pay their education loans.

READ ALSO: Read the Curt email IIM-A sent Flipkart about bad hiring policies

In response, Flipkart said while it was a "difficult decision" to take but "it is important for us to land our campus hires into Flipkart at the right time and into meaningful roles which give them opportunity to learn and grow".

"Candidates can seek an extension on this period by submitting their revised offer letters to the bank... Further, the decision to award campus recruits the specified additional joining bonus is also intended to ease their financial burden," the blog said.

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