Inside Paytm’s Work Ethos: How We Innovate and Empower Employees

byDilip PrasadLast Updated: August 17, 2022
How We Innovate and Empower Employees

The spirit of Paytm is all about entrepreneurship and innovation, and a strong sense of ownership is demonstrated by all our employees towards that. Here’s an inside look into what makes Paytm’s culture of innovation and its spirit of entrepreneurship unique and inspiring.

Startup Meets Corporate

Paytm’s work ethos amalgamates the best of both worlds – the innovative chaos of a startup environment combined with the efficient processes and structure of an established organization. We believe in a workplace environment that values creative problem solving, open communication and a flat hierarchy. While we are established in terms of structure, we are also agile, focused and innovate as we move with speed towards our goals.

An Entrepreneurial Mindset

The company celebrates a culture of entrepreneurship and gives Paytmers multiple opportunities to take on responsibilities to innovate new ideas, products and processes within the organization. We can say proudly that over the last few years Paytm has gone on to produce the most number of entrepreneurs who are contributing towards India’s innovation and growth story. From food tech to agri tech and radio content to gaming, e-commerce, entertainment and lending, a host of former Paytmers have found their own paths to entrepreneurship.

Transparency

No question is an unnecessary one at Paytm. We encourage an environment of transparency where anyone can suggest ideas for growth and business, express their opinion professionally and be an equal participant in the growth and success of the company. One such feature that helps Paytmers help see their ideas transition into products and features of tomorrow is the Idea Box. A format where anyone in the company can write in with their ideas to improve products, create new ones and suggest valuable feedback. The Idea Box is closely monitored by the CEO’s office and every idea is examined in detail, and the ones with potential lead to deeper discussions and execution if approved. This is how Paytmers can see their ideas come to life!

Innovation at its Core

Embracing change, innovating, taking risks and remaining agile is core to our culture. Our culture of innovation allows us to solve big problems using technology by developing pioneering products. We seek innovation and breakthroughs that create new markets, alter perceptions of what is possible and deliver new levels of customer satisfaction.

Mentoring Nature

At Paytm, we like to mentor, support and encourage teammates to work on internal projects that go beyond their daily responsibilities. In fact the Vaccine Slot finder feature on the Paytm app is one such example of how a weekend project got converted into an actual and successful feature helping millions of Indians find their nearest vaccine centres.

Executing with Speed

A key element of the way we work is speed, but we do that responsibly. Paytmers are encouraged to take big decisions fast, own them and execute them quickly. Moving fast, especially in the face of ambiguity, and constantly calibrating our actions on the basis of feedback, is a source of competitive advantage for us. Speed and agility are important characteristics for entrepreneurs and these form the DNA of Paytmers.

Thinking BIG

At Paytm, everyone is encouraged to “Think BIG”. We have built products that noone ever thought could be done. We are the original disruptors and some of our pathbreaking products such as the QR code, the Soundbox and All-in-one POS devices are testament to our “Think BIG” nature.

Explore opportunities with Paytm here. We are hiring.

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