Summary:
(Representational image) The company Eastman Auto and Power Ltd said the plan is a “reward to employees” for their contribution. The company Eastman Auto and Power Ltd said the plan is a “reward to employees” for their contribution. He said the company has decided to offer Employee Stock Ownership Plan (ESOP) to its staffers. (Representational image)A Gurgaon-based private firm said today that it has come up with a novel plan to compensate its hundreds of employees by offering them company shares. “An ESOP is a trust fund that owns the company, in which all full-time employees generally earn shares as part of their compensation,” Sharma said..