Panacea Infosec pronounces 30-40% wage hike, to boost headcount by 35%

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Cybersecurity agency Panacea Infosec has given 30-40 per cent hike in salaries for all workers with impact from April, the corporate stated on Thursday.


At the moment, the corporate has round 230 workers and plans to extend headcount within the vary of 25-35 per cent through the ongoing monetary yr, it stated in an announcement.



“With this hike, Panacea Infosec will get a mean increment of 30-40 % within the monetary yr 2021-22.


“Panacea Infosec is likely one of the quickest rising cybersecurity audit corporations in India with a mean development charge of 245 per cent prior to now three years,” the assertion stated.


Based in 2012, the Delhi-based firm claims to have over 400 purchasers unfold throughout 45 nations.


Panacea stated companies are nonetheless coping up with the COVID-19 disaster, and dependency on info know-how and different digital providers has elevated which, in flip, elevated the demand for cybersecurity and privateness providers.


Within the new enterprise atmosphere cybersecurity and audit providers have develop into the core know-how to maintain safe once they go surfing and digital, it added.


“Recognising the enduring dedication to our teammates, we’re giving increments to all the staff efficient from April 2021.


“Panacea Infosec is grateful to all its workers for demonstrating resilience, adaptability, and an progressive mindset to steer the corporate throughout robust occasions on account of pandemic final yr,” Panacea Infosec founder and CEO Ajay Kaushik stated.

(Solely the headline and movie of this report could have been reworked by the Enterprise Normal employees; the remainder of the content material is auto-generated from a syndicated feed.)

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