Should Earn Lot More: Deepak Shenoy's Response To Urban Company Report On Employee Salary

Capitalmind founder and CEO Deepak Shenoy. (Image source: @deepakshenoy via X) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Deepak Shenoy, CEO of CapitalMind, responded to a report that reveals that Urban Company service workers earn more than entry-level IT professionals and said that "they should earn a lot more".

The SEBI-registered portfolio manager shared his views via a post on social media platform 'X' and also added that since the supply of service workers like painters, electricians or carpenters is far lesser than entry-level IT professionals, they should be paid more.

The report which claimed that service workers at the urban company earn greater than entry-level IT professionals was addressing the question — "Why do service professionals come to the UC pla