Creating a pathway to financial security

TAKE ADVANTAGE OF YOUR WEALTH

Congratulations On Being Recognized And Awarded Esop By Ergode!

The Next Step Is To Access Your Wealth Through The Portal Below

CLICK HERE TO ACCESS YOUR WEALTH

FAQS

Ergode Has Grown Over Time. And The Company Is Confident That Each Ergodian Will Continue To Make Valuable Contributions To Its Future Growth, Hence The Company Decided To Reward All Associates Through The Esop Or Stock Options Carrying An Opportunity To Create Long-term Wealth For Yourselves
Yes, You Do. That’s The Exciting Part Of It. Remember, The Company Performs Well, Because You Put In Your Effort. This Means That The Longer You Invest Your Effort In Ergode, The Better It Performs. And That Performance Shows In The Increasing Value Of The Options. In The End, You Get The Chance To Earn More When You Stay Longer With Ergode.

Absolutely. Not only that but you also have less tax burden. While in company shares, there are double tax points, in the case of ESOP there is only one tax point – at the time of divesting and that too in TDS mode, so you do not have to pay anything extra.

Awesome question!

 

The company valuation is done and certified by an independent third-party valuer who is registered with the Securities and Exchange Board of India (SEBI)

After the vesting period gets over, and Ergode arrives at a trigger point, you will get the chance to divest your share of stock options.

Absolutely.

 

One of the primary reasons for launching ESOP is to benefit all Ergodians. Even though it will not be the best day for us if you leave, you will get the money, post-tax deduction, once your stock options are liquidated.

Wow! That’s a deep one. Talking facts, you already know that market indices and the growth of the companies do not have a major impact on your fixed compensation. Your salary may grow at an average rate of 20% when you move from one company to another. On the other hand, ESOP has a direct connection with the company’s valuation. It implies when the company grows, your ESOP value, i.e. your wealth, grows as well. You will enjoy every gain Ergode makes. All you have to do is contribute your best, the way you have always done. We know that an illustration of both scenarios will be helpful. Here is one, take a look at it.

ESOP stock units are set equal to the unit value of the real shares. Ergode uses the same formula to calculate the actual stock price as well as the ESOP stock.

We talked about this before! ESOP equity does not dilute shareholders’ stake as actual shares are not being transferred and in that way, you do not become the owner of the business. Nevertheless, You become one of the potential cash beneficiaries of the company’s value.

Esop Is An Incentive Scheme That Is Offered To Help You Create Long-term Wealth. It Can Be Generally Exercised After 4 To 6 Years. At Ergode, It Is 4 Years. You Can Divest Your Options Per The Exercising Terms.

Zero!

Yes, You Read That Right, You Have To Pay Nothing. It’s Totally Free For Ergodians

The effective date of the ESOP is 01 January 2022. That means if you have joined on or before 01 January 2022, you are already a part of the Ergodians’ Stock Options Program or ESOP. For new Ergodians, who are joining after 01 January 2022, the effective date of ESOPs is their date of joining

When you receive the ESOP letter, you will get to know how many stock options are allocated to you and what is the value of each option.

There is only one legal formality. You need to accept and sign the agreement letter that will be issued from the HR desk.

More than the market fluctuations, the performance of the company will have an impact on your stock options. Of course, if a global incident affects all industries then Ergode will also get affected. Similarly, if there is a sudden surge due to any stimulus, Ergode will get an equal boost. However, these are macro-level changes that have a minimal probability of turning the course of our performance. What truly matters is your effort and performance, which compounds to build up the stellar achievement of Ergode

Sure. Let’s take a deep dive into it.

Consider the initial value of stock options as ₹5,00,000. Now, you very well know that the value of the stocks will depend directly on the company’s future growth. Thus, considering the future projections on e-commerce made by our management team, Ergode’s valuation is set to grow 20x over the next five years. This exponential growth will impact your stock options as well. Over the next 5 years, you expect the value of your stock option to shoot up to be ₹1 Crore

Interesting one!

Let us tell you that ESOP shares don’t usually pay dividends. At the initial stage of ESOP, the grant has no tax implications. However, your payout is tax-deductible by the Ergode as regular income.

Profit-sharing plans are the type of plans where a portion of the profit made by the company is distributed to the employees. It does not involve the distribution of company shares or share price. ESOP stocks are deferred employee compensation where the employees are granted the equivalent to the company share price.

ESOP equity program is a strategy that companies use to motivate employees and increase productivity by giving them a stake in the company. It also helps the company earn more profits by driving the company stocks higher.

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Esop Equity Program Is A Strategy That Companies Use To Motivate Employees And Increase Productivity By Giving Them A Stake In The Company. It Also Helps The Company Earn More Profits By Driving The Company Stocks Higher

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