Employees Stock Option Plan (ESOP). Here we are providing complete details for ESOP (Employees Stock Option Plan). In this article you can find full details for ESOP Like Vesting Period, Perquisites etc. Check Details for Employees Stock Option Plan (ESOP) in India, we also try for providing Accounting Treatment, PPT Presentation etc in our next articles. Recently we have provided complete details on Highlights of Economic Survey now u can scroll down below n check complete details regarding Employees Stock Option Plan (ESOP)
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Employees Stock Option Plan (ESOP)
An Employee Stock Option Plan (ESOP) is a reward scheme for employees which makes them owners of shares in the company. ESOPs have many distinguished features which make them unique compared to other traditional employee benefit plans. Most companies, both in India and abroad, are making this employee benefit plan as an essential tool to reward and retain their employees appropriately. Currently, this form of restructuring is most prevalent in IT and other service sectoral companies where manpower is the main source for running the company operations.This scheme is mainly intended to attract new talented employees and to retain the existing human resources of the company.