Tag: Compensation & Benefits

Flipkart, ShareChat, to buy back ESOPs

Flipkart, the e-commerce company, is thinking of buying back employee stock options (ESOPs) worth almost $125 million, while it works on raising funds. This isn’t the first time the Company will be repurchasing ESOPs. In 2019-20, Flipkart India had bought back over…Read More »

Google staff can use Work Location Tool to calculate pay for remote work

Google has launched a platform that will allow its employees to calculate how much their pay or earnings will be if they decide to work remotely and relocate to a less expensive or more costly location to do so. The tool, called…Read More »

Amazon to spend $ 500 million as employee holiday bonus

Amazon.com will pay its employees— who pack and deliver goods — a one-time bonus of up to $ 300. This move comes at a time when the company faces a labour union drive and criticism for rolling back its pandemic hazard pay.…Read More »

Nippon Life India, Byju’s expand ESOP pool

Byju’s, the educational technology and online tutoring company, and Nippon Life India Asset Management are the latest additions to the list of companies that have expanded their ESOP pool recently. Nippon Life has allotted 94,420 equity under the ‘Reliance Nippon Life Asset…Read More »

ESOPs worth Rs 130 Cr. for OYO staff

  Oyo, the hospitality chain, will be granting employee stock ownership plans or ESOPs worth approx. Rs 130 crore to all its employees who have been furloughed. The hospitality company had revealed its intention to place many of its staff on furloughs…Read More »