A Special Report on ESOPs
Not long ago, the robust growth in India’s economy and corporate profits had given rise to an intense war for talent. Smart people were hard to find, harder to keep. Companies tried ever newer ways to reward the best among their staff. But their most effective tool — a golden handcuff, if you will — has been the employee stock option plan (ESOP).
(This story appears in the 06 November, 2009 issue of Forbes India. To visit our Archives, click here.)