The strongest incentive for your best employees to stay motivated and stick around.
The grant of the option to purchase the shares
The agreement for the option to purchase the shares
Creation of the master document for the ESOP
A merchant banker will value your business
Allotment & Documentation
We will bring all your secretarial records up to date
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What is ESOP?
All entrepreneurs have at least one common problem: how to motivate employees in a way that’s mutually beneficial. The most practical solution to this is the employee stock options plan (ESOP), used by small and large businesses alike. It not only keeps deserving employees motivated to grow your company, rather than just fulfill their duties, it ensures that you don’t lose them for a number of years. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost, but in lieu of work performed. Shares are allocated to employees, but may vest only after a pre-defined period.
Advantages of ESOP
Attract Top Talent
You may not be able to match their current salary, but an offer of shares in your company will be enough to attract the best talent.
The better your business performs, the better your most talented employees will get paid. There's no better way to motivate them.
Keep Them Longer
The employees to whom shares have been allocated are almost certain to complete the two to three years you have defined as vesting period.