Month: June 2024
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ESOP Adoption Stories: A Global Perspective with a Focus on India
Adnan Danish Introduction Employee Stock Ownership Plans (ESOPs) are a non-monetary incentive designed to provide employees with the option to acquire shares in their employer’s company. Targeted primarily at the mobile salary class, ESOPs aim to motivate, recognize, compensate, and retain highly efficient employees.[i] The concept of ESOPs was pioneered by Louis Kelso in the…