One of the fastest growing internet commerce platform in India, Meesho has introduced the ‘ESOP for All’ program “Meesop”, which enables all full time employees – irrespective of their tenure or their seniority in the company – to be able to Convert a maximum of 25% of your annual CTC to ESOP, subject to a minimum of Rs.50,000.

In a statement on Friday, the company said that the ESOP thus granted would exceed 100% of the CTC forfeited.

“Our frequent and periodic buybacks ensure that our employees continue to grow with us,” said Vidit Atre, the company’s founder and CEO. misho, “The Meesop program takes this commitment further, breaking down the hierarchy to make each employee the boss, and providing greater opportunities for wealth creation. As we hire more talent, we will continue to provide our team with the means to achieve their personal and financial goals. ,

Unlike traditional ESOP plans, the MeeSOP program is fully inclusive, providing every employee – regardless of their seniority – to benefit from Meesho’s rapid growth, while ensuring that 100% of the grant is paid a year. be contained till the end of It provides opportunities and control to select employees and helps them capitalize on Meesho’s frequent ESOP liquidation programs.

In October,
Meesho Announces $5.5 Million ESOP Liquidity Program Its second liquidity program in less than a year – for all eligible current and former employees with vested stock.

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