Can any one share some gyan on ESOP? (with reagrd to making an offer to a candidate with such benefits)
From India, Hyderabad
From India, Hyderabad
Hi,
ESOP (Employee Stock Ownership Plans) are companies / corporations owned in whole or in part by their employees. Employees are usually given a share of the companies / corporations after a certain length of employment or they can buy shares at any time. A corporations / companies owned entirely by its employees will not, therefore, have its shares sold on public stock markets ESOP companies / corporations often adopt profit sharing, where the profits of the corporation are shared with the employees. These types of corporations also often have boards of directors elected directly by the employees.
I think this will help out...
Regards,
Rahul S
From India, Gandhinagar
51ESOP (Employee Stock Ownership Plans) are companies / corporations owned in whole or in part by their employees. Employees are usually given a share of the companies / corporations after a certain length of employment or they can buy shares at any time. A corporations / companies owned entirely by its employees will not, therefore, have its shares sold on public stock markets ESOP companies / corporations often adopt profit sharing, where the profits of the corporation are shared with the employees. These types of corporations also often have boards of directors elected directly by the employees.
I think this will help out...
Regards,
Rahul S
From India, Gandhinagar
There are many companies who give incentives by offering shares to the employees,this is used as a motivating tool to the employees as employees work with more dedication & authority as they have ownership of the company.Also they tend to work well and make profit so that that the market value of the shares increase as a result the employees gain ultimately.
Regards,
Godhuli
From India, Calcutta
Regards,
Godhuli
From India, Calcutta
Hi,ESOP is used by companies as a tool to retain employees by offering them shares at a either the market value or at the the book value or at a discount to the market price.These shares at times have a lock in period also which prevents the employees from being able to dispose these shares.This tool is thus a very powerful monetary motivator and employees do reap huge financial rewards at a future date.------------jaideep
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