Under which incentive scheme all the employees offered shares of the company at price which is lower than Market Price? |
Co-Partnership Perquisites Retirement Benefits Profit Sharing |
Co-Partnership |
The correct answer is Option (1) - Co-Partnership Co-partnership/ Stock option: Under these incentive schemes, employees are offered company shares at a set price which is lower than market price. Sometimes, management may allot shares in line of various incentives payable in cash. The allotment of shares creates a feeling of ownership to the employees and makes them to contribute for the growth of the organisation. In Infosys, the scheme of stock option has been implemented as a part of managerial compensation. |