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Naman Kapoor

🎒 • 10m

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.

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