Enormous Brands returns all salary deductions done in 2020
After an encouraging performance in Q4, Enormous Brands announced that they have reversed the salary deductions that were made in the wake of the Covid pandemic.
Enormous Brands bagged the mandates of several companies in the last year and had several large new projects being assigned to them.
Ashish Khazanchi, Managing Partner, Enormous Brands says "We announced salary cuts like many other organisations last year to protect the business and our larger teams through a bad economic outlook. The industry was hit severely for everyone but we began seeing encouraging trends right from the beginning of Q3, which is when first of all, we restored the salaries of all. Since then, the way the business and our teams have performed have led us to returning all the salary deductions that people had undertaken for those months and returning it right back to them.
Working during WFH was one of the most challenging situations that this industry may ever have encountered. I think we all as business leaders need to recognize that and make our people everywhere have their sacrifices recognized.”