ESOP Compensation during Economic Distress

Under the prevailing times of Economic Downturn and unprecedented market turbulence, as businesses are struggling to manage their cash flows to meet their financial obligation, employee compensation has been compromised leading to low employee morale. The unique attributes of ESOPs prove to be a highly effective and attractive tool for employee compensation to not just cope up financial distress but as a continuing incentive policy. This presentation elaborates the legal and procedural aspects of ESOP implementation with and practical insights for Listed & Unlisted Companies including Startups.