INDIA: "Phantom stock options are becoming increasingly popular - Economic Times"
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Phantom stock options are becoming increasingly popular - Economic Times
By: Devina Sengupta, ET Bureau
It is not just plain employee stock options (Esops) for Corporate
India’s staff any more. The goodies in their compensation basket now
include a heady mix of alternative choices.
Though in the
embryonic stage, alternative stock option plans, such as the phantom
stock option, are trudging up the ladder of choice for companies.
Directors of Paradigm Esop Consultants, Shalin S Divatia and Umesh K
Gala, say: “Phantom equity is gradually gaining popularity. There is
greater recognition of the need for rewarding employees linked to the
company performance, even if there are constraints on dilution of
equity.”
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To any Indian ECE members: Have you seen much growth in this area, or is this more of a marketing article, or media hype?
Dan
Yes there is growth in this area. Though not much growth but companies have been looking for the phantom plans. Not many companies are aware of the phantoms plans, so it may just be enquiry kind of thing.