Learn how Pakistani startups can use Employee Stock Option Plans to attract and retain top talent by giving employees a stake in company success.
An Employee Stock Option Plan, commonly called an ESOP, is one of the most powerful tools available to startups for attracting and retaining top talent without spending cash they do not have. In markets like the US and UK, ESOPs are standard practice at tech startups. In Pakistan, the concept is still emerging but growing fast as founders realize that equity is a competitive compensation tool. Here is what Pakistani entrepreneurs need to know.What Is an ESOP and How Does It WorkAn ESOP grants employees the right to purchase company shares at a predetermined price, called the exercise price or ...
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