Startups ESOP: No more a fable, ESOPs reach rank and file of startups in India
Synopsis A handful of startups, including PhonePe, Licious, ShareChat and Wakefit, have recently rewarded employee stock ownership plans (ESOPs) to their employees across the board. Getty Images ESOPs for startups in India has been behind the curve compared to the US, where most startups offer it across the board. But the situation is now changing. Mumbai: Employee stock ownership plans (ESOPs), which were once used as a tool to tie senior management to business objectives and make their pay competitive, is now being given out to employees across the board by some startups — especially the ...
Source: indiatimes.com