ETtech Explainer | What are Esops and what do they mean for employees and employers? - News Summed Up

ETtech Explainer | What are Esops and what do they mean for employees and employers?


ETtechETtechETtechIn recent years, employee compensation has gone beyond the conventional salary package, at least at startups and other tech firms. If its valuation erodes significantly, Esops can quickly become worthless.There’s a tax component to keep in mind, too. They are offered to about one-third of all employees, regardless of rank, it said.Source: State of Esops in India, Saison CapitalThe majority of founders understand Esop vesting schedules, but not how to top-up Esops, according to the report. Top-ups to Esops expand the pool of unallocated shares available for future employee recruitment and retention. The company claims that it has created value for 1,940 employees across levels.


Source: Economic Times May 31, 2022 15:42 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */