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Nudge Or Push? PSU Bank Employees Complain About Pressure To Pick Up Stock Options
Employees have received calls from regional managers, pressuring them to take a loan if needed and subscribe to the scheme.
13 Mar 2019, 01:03 PM IST
Top managements at India’s public sector lenders are nudging employees to step up subscriptions to recently introduced employee stock option schemes, in an attempt to prove the success of a rare structural reform in this segment of banking. The nudge, which could have been justified as a way to familiarise employees with the newly introduced incentives, has turned into a push, with many employees feeling pressured to subscribe to the...
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