On the completion of its secondary share sale, Paytm gave its employees a chance to earn money through ESOPs.
The share buyback plan could be the largest such programme till date in the Indian start-up sector.
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.
If all goes well, the ESOPs may be extended to the GM and DGM level as well.