Summary:
It will motivate us to perform even better to achieve excellence," said Ashwani Sharma , an employee. The company plans to roll out the scheme for all employees soon.It has signed an MoU with its employees before they accepted the scheme. "It is a good scheme which makes us feel valued and an integral part of the company. "The idea is to attract elite talents with ESOP in which full-time employees generally earn share as part of their compensation. GURUGRAM: Unable to pay salaries to hundreds of its employees, a Gurugram-based private firm said today that it has come up with a novel plan to compensate them by offering them company shares The company Eastman Auto and Power Ltd is a "startup".Managing Director Shekhar Singal said the company does "not have adequate money" during initial days and, therefore, has "decided to offer Employee Stock Ownership Plan (ESOP)"..