Edge to boost base salary by 150% of Pakistan-based employees in face of inflation

BusinessEdge to boost base salary by 150% of Pakistan-based employees in face...

ISLAMABAD, Pakistan: Edge, US founded HR-tech startup, is raising base salaries for its Pakistan based client relations employees to Rs 200,000 minimum.

This represents a 150 percent increase in base pay in a move seeking to provide relief to employees in the face of rising inflation and fuel costs.

More than 190 people working in the client relations department will benefit from this welcome development. Edge also plans to increase its global company-wide compensation budget in the near future.

“We are aware of the global economic downturn and its impact on our people, especially in Pakistan. More than ever, we understand our responsibility towards our people and the need to invest in them,” said Iffi Wahla, Founder and CEO, Edge.

“I sincerely hope this decision starts a momentum for wage increases in the country. Our mission is to democratize fair wages and access to work across the globe.”

The company was founded in 2020 and operates in the insurance, health, and retail sector providing global remote employees to North American companies. A total of 320 employees are a part of the company which has offices in the United States, Pakistan, and Peru. Edge plans on expanding to seven more countries by the end of this year and 150 countries by 2024.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Iranian Foreign Minister Seyed Abbas Araghchi has arrived in Pakistan today on a two-day official visit and he will hold meetings with civil and military leadership of Pakistan. This is his first visit to Pakistan after Israel attacked Iran in response to Iranian attack on certain Israeli cities. His meetings with Prime Minister Muhammad Shehbaz Sharif and Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar are confirmed. Foreign Minister Araghchi will hold consultations on the situation in the Middle East and Pakistan-Iran bilateral relations. This visit provides an important opportunity to advance cooperation and dialogue between Pakistan and Iran on a wide range of areas including trade, economic, energy and security.

Iranian FM Araghchi and Foreign Minister Ishaq Dar showed commitment to work jointly in...

0
Islamabad, Pakistan: Iranian Foreign Minister Seyed Abbas Araghchi and Foreign Minister Senator Mohammad Ishaq Dar while addressing a joint presser showed their commitment to...

Active community engagement is central for stronger ties between Pakistan and the UAE, believes...

0
Islamabad, Pakistan: "One of the challenges we face is that a segment of people misuse tourist visas to seek jobs illegally, or, in some...

Tenure enhancement of Services Chiefs brings Independence of Military

0
Islamabad, Pakistan: The recent Amendment to the Services Act by the Parliament has been well received by people from all walks of life especially...

The power of the Parliament ensures the continuity of strategic policies

0
Islamabad, Pakistan: The Parliament on Monday confirmed its supremacy by adopting much-needed bills for extending the tenures of all armed services chiefs from three...
blast in jacobabad

Six Khwarij sent to hell in Khyber Pakhtunkhwa Province

0
Monitoring Desk: On the night of 3/4 November, Six TTP terrorists (officially known as Khwarij) were killed in two separate engagements in Khyber Pakhtunkhwa...
Advertisement