Companies That Offer ESOP

offtopic😒

@Biggie : Can you mention some of the companies which provide ESOPs?

Replies

  • PraveenKumar Purushothaman
    PraveenKumar Purushothaman
    Reya
    offtopic😒

    @Biggie : Can you mention some of the companies which provide ESOPs?
    What is an ESOP?
  • Kaustubh Katdare
    Kaustubh Katdare
    Praveen-Kumar
    What is an ESOP?
    ESOP is Employee Share Ownership Program. Typically startups offer shares to the employees along with salary. That is, if a startup company offers you say 0.10% of shares along with your salary - and the company is worth $10 million; then your shares are worth $10k. I personally know people who've become millionaires through ESOPs. 😀

    Reya
    offtopic😒

    @Biggie : Can you mention some of the companies which provide ESOPs?
    I think most of the bigger companies like Infosys in India have ESOP. Not aware of startup companies that offer ESOP though.
  • PraveenKumar Purushothaman
    PraveenKumar Purushothaman
    The_Big_K
    I think most of the bigger companies like Infosys in India have ESOP. Not aware of startup companies that offer ESOP though.
    My dad says, I am just an employee of my company, but he has some respectable amount of shares, as he's a shareholder. So, is getting share that way is it ESOP or is it different?
  • Kaustubh Katdare
    Kaustubh Katdare
    Praveen-Kumar
    My dad says, I am just an employee of my company, but he has some respectable amount of shares, as he's a shareholder. So, is getting share that way is it ESOP or is it different?
    I'm not too familiar with the ESOP scheme. But if the company offers the shares to its employees as a part of remuneration; then it's called ESOP. An outsider owning shares won't be considered under ESOP.
  • Kaustubh Katdare
    Kaustubh Katdare
    Moved the relevant posts to a new thread to discuss ESOP.
  • PraveenKumar Purushothaman
    PraveenKumar Purushothaman
    The_Big_K
    Moved the relevant posts to a new thread to discuss ESOP.
    Okay... Lemme ask my HR Finance and get back to this discussion. 😀
  • Kaustubh Katdare
    Kaustubh Katdare
    Praveen-Kumar
    Okay... Lemme ask my HR Finance and get back to this discussion. 😀
    Check your agreement or offer letter. It should have the details.
  • PraveenKumar Purushothaman
    PraveenKumar Purushothaman
    The_Big_K
    Check your agreement or offer letter. It should have the details.
    No Biggie! Nothing about share or ESOP! 😔
  • Kaustubh Katdare
    Kaustubh Katdare
    Praveen-Kumar
    No Biggie! Nothing about share or ESOP! 😔
    I believe they offer ESOP to employees who've spent certain number of years with the company or at a senior management level. But I'm just guessing.
  • PraveenKumar Purushothaman
    PraveenKumar Purushothaman
    The_Big_K
    I believe they offer ESOP to employees who've spent certain number of years with the company or at a senior management level. But I'm just guessing.
    The best thing I can do is, as I said, I'll ask the Finance Dept tomorrow. 😀
  • vinci
    vinci
    i believe that small companies doesnt provide ESOP .

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