🎒 • 5m
ESOPs are a form of employee benefit that grants workers ownership in the company through allocated shares, aligning their interests with the organization's growth. These plans are crucial as they: 1. Boost Motivation: Employees feel more invested in the company's success. 2. Enhance Retention: ESOPs act as a long-term incentive, encouraging employees to stay and contribute. 3. Wealth Creation: Employees benefit from the company’s financial growth and valuation increases. By offering ESOPs, Swiggy empowers its workforce, fostering a culture of ownership and commitment to innovation.
CEO of @EliteSS | In... • 5m
"ESOPs (Employee Stock Ownership Plans) empower employees by giving them a stake in the company’s success. 💼✨ They foster loyalty, boost motivation, and create wealth for employees while aligning their goals with the company’s growth. A win-win for
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The Institute of Chartered Accountants of India • 1m
I have got many DMs regarding ESOPs So Let me Clear up here. 1. Are ESOPs free for employees? ESOPs are granted for free, meaning the employee doesn't pay to receive the options. However, to own the shares, the employee must pay the exercise price
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The Institute of Chartered Accountants of India • 1m
What is an ESOP from a Company’s Perspective?🚀 An Employee Stock Ownership Plan (ESOP) is a tool companies use to attract, retain, and motivate talent by offering them ownership in the business. You’re not just giving away shares, you’re building
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Boston Consulting Group • 1y
Collaborative governance for trustworthy AI The US and EU are strengthening cooperation on AI safety and governance to ensure responsible development of this transformative technology. Key focus areas include aligning regulatory approaches, advancin
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