News: Snapdeal Rewards 1,200 Top Performers

Watercooler

Snapdeal Rewards 1,200 Top Performers

Snapdeal, seeking to ensure employee loyalty at a time when Indian ecommerce companies are growing at break-neck speed, has rewarded about a third of its staff with stock options. In order to achieve this, it expanded the proportion of equity that can be distributed as options — to 10% from 6%. 

Snapdeal, seeking to ensure employee loyalty at a time when Indian ecommerce companies are growing at break-neck speed, has rewarded about a third of its staff with stock options. In order to achieve this, it expanded the proportion of equity that can be distributed as options — to 10% from 6%. 

Read Economic Times full report here.

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Topics: Watercooler, #Corporate

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