A strong, talented, and efficient team is the cornerstone of a successful company. However, the biggest challenge for a company/ startup is compensating that talent adequately. This is where esops come into play. 📈

startups with less funds require high talented people. Here granting equity ownership to senior (CEOs, CTOs, CFOs……..) employees enables companies to foster a sense of ownership and commitment.

Out of 10 startups – 7 startups issue ESOPs to retain employees. ESOPs provide a powerful incentive for employees to contribute their best and share in the company’s success. 💼

Each company may have its unique talent retention approach, tailored to their industry, culture, and specific needs. Let us know what ways your company uses to retain its employees.