Tag: ESOPs

IT-sector CEOs’ median annual salaries went up by 835% in 10...

There has been a surge in demand for talent in the IT sector post the pandemic. And yes, talented people are being lured by...

Paytm grants 3.97 mn new stock options to employees

One97 Communications, parent company of Paytm, has granted 3.97 million stock options to its employees, primarily senior employees, at an exercise price of Rs...

Vedantu to buy back ESOPS worth US $3 million

Vedantu, the live online learning company, has announced an employee stock ownership plan (ESOPS) liquidity programme worth US$ 3 million for all eligible employees. While...

Netcore Cloud grants its employees ESOPs worth $8 million

Aritificial intelligence (AI) powered growth marketing platform, Netcore Cloud, has granted $8 million to its employees as part of the ESOP liquidation programme (ELP)...

Flipkart, ShareChat, to buy back ESOPs

Flipkart, the e-commerce company, is thinking of buying back employee stock options (ESOPs) worth almost $125 million, while it works on raising funds. This isn’t...

ESOPs worth Rs 1,500 crore for PhonePe staff

PhonePe, the digital-payments firm, has given employee stock ownership plans (ESOPs) to its 2,200-strong workforce, worth about Rs 1,500 crores. All full-time employees on...

400 equity shares allotted to Licious’ staff welfare trust under ESOP

Licious, the Bangalore-based meat and seafood company, has reportedly issued 400 fresh equity shares to its Employees’ Welfare Trust under the employees’ stock ownership...

FarEye to spend $739,000 to liquidate ESOP options for 1st time

After a number of organisations, especially startups, such as Unacademy, Zerodha, CarDekho, BharatPe, Meesho and Swiggy walked down the path of ESOP buybacks in...

upGrad introduces flexibility, grants ESOPs

upGrad, the online education firm, has decided to reward its employees for its success in the year 2020, by granting ESOPs or employee stock...

Nippon Life India, Byju’s expand ESOP pool

Byju’s, the educational technology and online tutoring company, and Nippon Life India Asset Management are the latest additions to the list of companies that...

ShareChat expands ESOP pool to $35 mn, announces 50% bonus

ShareChat, the Indian social-media platform, has decided to reward its employees for their hard work, by extending its current ESOP pool by $14 million,...

Niyo staff get salary hikes, bonuses, ESOPs amidst pandemic

Niyo, the Indian digital banking fintech has offered its employees 10 to 12 per cent salary increments, along with bonuses and employee stock ownership...

Salaries restored, heavy rebates on ESOPs for staff of ixigo

The Indian artificial intelligence-driven travel app, ixigo, has given its ixigems, as its employees are called, reason to celebrate amidst the economic disruptions created...

ESOPs worth Rs 130 Cr. for OYO staff

Oyo, the hospitality chain, will be granting employee stock ownership plans or ESOPs worth approx. Rs 130 crore to all its employees who have...

Flipkart employees can sell stock options

Staff of e-commerce giant, Flipkart, will now be able to enjoy an incentive that allows them to sell 10 per cent of their employee...

Tata Motors to give ESOPS to 200 employees

A new salary structure loaded with handsome incentives has been introduced at Tata Motors to reward the best performers handsomely.

ESOPs make 200 Paytm employees richer by Rs 300 crore

On the completion of its secondary share sale, Paytm gave its employees a chance to earn money through ESOPs.

Allahabad Bank, the first PSU bank to offer ESOPs

The bank may issue shares in tranches to employees and will complete the transactions in this financial year. 

Flipkart staff to benefit from $100 million ESOP repurchase plan

The share buyback plan could be the largest such programme till date in the Indian start-up sector.

ESOPs: How receptive and effective are they?

A sizeable part of India Inc. considers ESOPs as a great motivational tool and performance enhancer. While 41 per cent have successfully tested it as a motivational tool, almost 10 per cent confirm its effectiveness as a tool for increasing profitability.

Reliance Capital offers ESOPs worth Rs 150 Cr.

This effort is aimed at retaining and incentivising key employees for their contribution to the growth and profitability of the company.

Top management at Public Sector Banks to get ESOPs

If all goes well, the ESOPs may be extended to the GM and DGM level as well.

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

50,000 employees subscribe to Capgemini’s ESOP

At least 50,000 employees from the 29 participating countries subscribed to Capgemini’s ninth annual employee stock ownership plan or ESOP. With an employee subscription...

Latest

Old Pension Scheme: Disgruntled Punjab govt staff hold massive protest rally

To express their dissatisfaction with the recently-released notification for the restoration of the old pension scheme (OPS), a rally was held in Punjab by...

US rail union workers demand 15 days of paid sick leave

A strike by rail union workers so close to the holiday season will be quite a disaster for the US economy, but it looks...

Amazon India summoned by Labour Ministry over unethical layoffs

The Union Labour Ministry has reportedly sent a notice to Amazon India seeking an explanation with regard to the retrenchment of employees without serving...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...