BusinessInfosys Launches ESOP Scheme After 13 Years
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Infosys Launches ESOP Scheme After 13 Years
Infy has launched its employee stock option (ESOP) scheme after 13 years
The scheme will help Infosys control rising employee attrition
ESOP will enable Infosys employees to own equity in the company
The ESOP scheme will help control rising attrition at Infosys, analysts said
IT major Infosys on Friday said that it will launch its employee stock option programme or ESOP scheme in a bid to control attrition, which picked up sharply in the June quarter.
"Infosys has relaunched its employee stock option programme after a gap of 13 years," said Infosys chief operating officer Pravin Rao.
ESOP enables employees to own equity in the company and acts as morale booster, analysts said. The ESOP is often at no up...