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Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis.

This comes a day after Moneycontrol reported that the cash-strapped edtech company has rolled out a new policy linking sales staff’s salaries to the revenue they generate every week.

Cash-strapped edtech firm Byjus is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. There has been a delay in salary. It is expected to be now paid sometime this week, said a person.

TW Metals (TW) announces that Bob Pullen has assumed the role of Vice President of Supply Chain, replacing Bill Schmid, who will retire this summer after a very distinguished career

Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company is facing a liquidity crisis.According to sources, the edtech firm managed to pay the full amount to ...

Byju’s said that the base salaries for sales team associates will be “suspended temporarily” during this period.

The new company policy is currently applicable to sales teams, including the Inside Sales (IS) and Byju’s Exam Prep (BEP) teams, according to an internal company document. Byju’s did not immediately comment on the new policy. �� Byju’s Financial Crisis: Edtech Platform Links Sales Employees’ Salaries to Weekly Revenue Generation Amid Cash Crunch.

Embattled edtech platform Byju's, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees' pay to weekly revenue generation.The new company policy is currently applicable to sales teams, ...

The new company policy is currently applicable to sales teams, including the Inside Sales (IS) and Byju’s Exam Prep (BEP) teams, according to an internal company document.

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