Newly listed PSUs may offer ESOPs as variable pay
NEW DELHI: Newly listed public sector companies may soon be allowed to offer stock options to their top performing senior and middle-level executives. The government may ask these companies to work out a mechanism for employee stock options (Esops). The move is aimed at retaining talent and follows recommendations of the second pay revision committee. "We are examining the recommendations," a senior official with the ministry of heavy industries said. Read more [...]