Rs 17000 Cr Salary!! How about your company??

D N INDUJAA
Starting as a small 10 to 10 room start-up in Bangalore and today growing into India's leading e-commerce company, flipkart has paid around Rs 17,000 crore to its employees.

ESOP project
Startup companies generally have an employee equity plan called ESOP to retain potential employees and key employees and increase their contribution to the company's growth.
Organizational developmentThrough this scheme, the shares of the company will be given to the important employees determined by the management or to the employees who have worked hard for the development of the organization from the very beginning through the employee share ownership scheme.

Flipkart
Thus far, flipkart has given about Rs 17,000 crore worth of shares to its employees alone. The important thing is that flipkart is the largest shareholder in indian tech companies through its employee equity scheme.
17,000 croreLet us now look at how many shares the other leading tech companies in the country have given through ESOP, having topped the list by giving employees Rs 17,000 crore. oyo - 7,569 crore Rupee Somato - 5,639 crore Rupee BDM - 4,571 crore Rupee Nike 4,280 crore Rupee Policy Bazaar - 3,836 crore Rupee Bizus - 3,092 crore Rupee ola - 3,000 crore Rupee Zwicky - 1,589 crore Rupee Pharmaceutics - 592 crore Rupee 46 Upgrad - 427 crore rupees
Buyback planIn the two years, 2020-2021 many leading tech companies decided to issue IPOs and mobilize large scale investment as the companies bought the existing shares held by the employees. Through this, the employees of many companies have become millionaires today.
Millionaire employeesIn this regard, from July 2020 to november 2021, about 40 indian start-ups spent Rs 3,200 crore to buy shares issued to employees through ESOP. Then the employees have been paid Rs 3,200 crore.
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