Companies off late do spend a lot of their time and money in recruiting and training their human resources and hence are interested in retaining their employees for longer. The Employee Stock Option Plan (ESOP) comes in as a very effective tool in assisting companies to meet this objective.
What is an ESOP and how does it work? The ESOP is a scheme under which the employees, as part of their salary package are allowed to become stockholders of the company they work in by allowing them the right to purchase shares of the company. Such right is given in the form of stock options ...
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