Tag: ESOPs

XYXX announces ESOP buyback for key employees

Certain key employees of the Indian men’s lifestyle brand, XYXX will get a chance to create wealth thanks to the company announcing employee stock...

Uno Minda allots ESOPs

On 11 December 2023, Uno Minda reported that the nomination and remuneration committee of the board had given approval for the issuance of 34,882...

ICICI allots 14,000 equity shares to employees through ESOPs

ICICI Prudential, a leading financial institution, made an important announcement regarding its employees' ownership in the company. On July 13, 2023, in accordance with...

Paytm employees to get  51,619 equity shares as ESOPs

Paytm India's digital payment sector has announced, on July 6, 2023, the issuance of equity shares as part of its employee stock option plan...

Servotech boasts of comprehensive benefits & inclusive initiatives

In an era where organisations face intense competition for talent, offering employee benefits has become essential. Servotech Power Systems has implemented several initiatives to support...

Pilgrim launches first-ever ESOP scheme; all employees eligible

Pilgrim, a direct-to-consumer (D2C), personal care brand recently announced the launch of its first employee stock ownership plan (ESOP) scheme. The company has allocated 10...

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.

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Google terminates 28 employees over Israel protests

Google terminated 28 employees following protests staged by a small group of Alphabet workers against the tech giant's collaboration with Israel. The protests, which...

Latest

Take-Two to let go 5% of workforce

Take-Two Interactive Software, the video-gaming company that publishes the ‘Grand Theft Auto’ franchise, has trimmed its workforce by five per cent. That means, about...

Marvel to cut roles across departments

Marvel, the Hollywood entertainment chain, has initiated a workforce reduction, letting go of employees across various departments. This strategic move aligns with Bob Iger,...

Juniper to cut 500 roles in India

Juniper Networks, post-merger with Hewlett Packard Enterprise (HPE), is set to trim its India workforce. The move will impact 10-15 per cent of its...

China’s new approach to work-life balance with unhappy leaves

With an aim to foster a healthier work-life balance for employees, a Chinese company has come up with a refreshing move. The company has...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

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....
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