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Oyo Offers Esops to Staff

Hospitality chain Oyo Hotels & Homes is bulking up employee stock option pools, after initiating salary reductions — mandatory or voluntary — across the board. The Company is offering additional stock options to employees in a bid to retain them following broad pay cuts due to economic upheaval

BY Realty Plus
Published - May 8, 2020 6:17 AM

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Hospitality chain Oyo Hotels & Homes is bulking up employee stock option pools, after initiating salary reductions — mandatory or voluntary — across the board. The Company is offering additional stock options to employees in a bid to retain them following broad pay cuts due to economic upheaval triggered by Covid-19. The Esop pools of companies such as Paytm, Zomato and Oyo range between 2.6% and 5.5% of their overall shareholding, according to data collated by Tracxn.

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Tags : ALLIED Hospitality Oyo Hotels & Homes oyo Paytm Zomato salary reductions Tracxn