Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Paytm Grants 4.81 Lakh Stock Options to Employees
Paytm has granted 4.81 lakh stock options to its employees as part of its employee stock ownership plan (ESOP). This move is aimed at retaining talent and incentivizing employees by giving them a stake in the company’s growth. The stock options are expected to vest over a period of time, aligning the interests of employees with the long-term goals of the company. Paytm’s decision reflects a broader trend among tech companies to use ESOPs as a tool for employee retention and motivation. This initiative is part of Paytm’s efforts to attract and retain top talent in a competitive market.