Companies provide various incentives to employees to motivate, retain and reward them for their contribution to the growth of the Company. The most popular form of incentive provided to the employees is the Employee Stock Options. However, few other forms of incentives are also available to the employees such as the offering of sweat equity shares and phantom stocks.
The Employee Stock Option Plan (ESOP) is one of the most trending employee benefit plans. ESOPs are now not only offered by big MNCs or Listed Companies but also widely offered by startups. ESOPs, motivate employees to perform better as they get ownership/entitlement in the Company and also help Promoters to retain employees and reduce cash out-flow in its initial years of formation. Thus, ESOP is a two-way lucrative option plan.
At SimplyBiz, we offer comprehensive Advisory & Implementation of various Stock-Based Compensation Incentives. We start with a detailed understanding of your requirements, Advising the most suited employee benefit plan to be adopted, mode of issuance, Designing and Implementation of the Plan including preparation of various agreements, communications, corporate secretarial documents, filing and administration of the plan.
Our Team consists of professionals who have immense knowledge and expertise in advisory & implementation. Having handled several such assignments for companies from various sectors including information technology, fintech, consulting, pharma etc, we understand the nuances very well. We can assist corporates in seamlessly rolling-out a stock-based employee incentive plan.
Please reach us at hi@simplybiz.in with your requirements and we shall be happy to help.