ESOP Online, a one-stop solution for all your ESOP related needs covering the Legal, Taxation, Regulatory & Management support and a venture of much accredited Merchant Banker (SEBI CAT-I License) – Corporate Professionals, today announced that it has become a reliable ESOPs Solutions provider to over 50 start-ups and 150 Corporates and accentuated their growth with their strategic services – online and offline over a short span of four years. ESOP Online is witnessing steady progress and has registered 40 clients in the first quarter of 2016-17.
The startup companies using ESOPonline services include Lenskart, Oyo Rooms, School Guru, IndiaMart, Bridge i2i, Grex Alternate Capital, Orangegubbi, Rockstand and many more.
It has also made another landmark achievement of offering its solutions to 200+ clients in a span of 4 years. The company has also recently acquired 40 new clients in the first quarter of 2016-17. Today, the company serves companies across diversified industries including a Client base of LISTED, UNLISTED & STARTUP companies.
ESOP online provides a new-age and dependable workforce solution, acting as a catalyst to help companies retain their employees. The complete workforce management solution and services offered by the company has been a hit with successful entrepreneurial ventures, which in turn, function in a highly competitive industry. Also, for corporate leaders, ESOP Online- a young venture launched 4 years back- has been a reliable HR partner for many Start-ups as well as established companies.
Ms. Mohini Varshneya, said that, “Workforce management, right from the hiring process to retaining an employee has undergone a change. While hiring and retaining the desired candidate is a challenge now- given the competitive scenario, it also triggers a situation where employees need to make them feel home. One important link here is the monetarily growth, which can be further linked to each employees performance. ESOPOnline, given its array of financial solution-offers that. It links the growth of the employee with the performance of the company by investing in stocks and therefore, managing individual stock growth. For the companies at large, it is a one-time low cost investment, giving them huge benefits in return.”
The recently developed ESOP Management Application – ‘ESOP Guardian’ today offers a complete HR solution for companies to outsource their ESOP requirements. The software is a web-based comprehensive Application for managing ESOP of any company. Ms. Mohini, said that “the biggest challenge the company faces after offering Grant letters to the Employees is the ESOP Management, so we have developed this Application INHOUSE, to come up as a helping hand for such complexities”. The Application manages complete lifecycle of ESOP in any organization post its implementation keeping in view the regulatory framework under which ESOP functions. ESOP GUARDIAN comes with three types of models namely Outsourcing Model, Guardianship Model, and Cloud Model. Within just two years of its development, ESOP GUARDIAN is successfully catering to the needs of clients like Dominos, APL Apollo, Lenskart, PI Industries, Margdarshak Financial, Quick Heal, Havells etc.
The company today delivers a complete ESOP workforce solution including, end-to-end solutions in Planning, Restructuring, designing, documentation, compliances and management of Share-base Employee Compensation Mechanism including its accounting & taxation advisory and also catering to the valuation requirements.