Employee Stock Opinion Plan (ESOP)
An ESOP is a contract between an organisation and its employees that offers exclusive rights to employees to buy the organisation’s shares at a price lesser than the market price within a given period of time. Organisations worldwide use ESOP as a tool to retain and reward their employees.
OBOX assists clients in developing an ESOP that is customised and suited to the philosophy of their organisation. Through ESOP, organisations aim to create a win-win situation for themselves and for their employees by building a sense of ownership in the employees, deriving sustainable operational benefits and results. OBOX handles the entire lifecycle of ESOP implementation in organisations, including conceptualization, design, documentation, communication, and governance.