Panacea Infosec rolls out 30-40% salary hike, to add 25-35% people to its workforce
Panacea Infosec, a Cybersecurity firm has given 30-40 per cent hike in salaries for all employees with effect from April 2021. The company also announces to add 25-35% people to its workforce.
Currently, we have around 230 employees and planning to increase headcount in the range of 25-35 per cent during the ongoing financial year, the company said in a statement.
Panacea said in a statement, “businesses are still coping up with the COVID-19 crisis, and dependency on information technology and other digital services has increased which, in turn, increased the demand for cybersecurity and privacy services.”
In the new business environment cybersecurity and audit services have become the core technology to keep companies secure when they go online and virtual, it added.
“Panacea Infosec is thankful to all its employees for demonstrating resilience, adaptability, and an innovative mindset to steer the company during tough times due to pandemic last year,” Panacea Infosec founder and CEO Ajay Kaushik said.
“Recognising the enduring commitment to our teammates, we are giving increments to all the employees effective from April 2021,” he added.
Panacea Infosec was incorporated in 2012 to lay the foundation of a specialist Information Security company that would establish itself as an authority in security solutions. Accredited by the PCI (Payment Card Industry) Security Standards Council as a PCI DSS QSA. With PTI Inputs
