In this edition of JSA Live, our partner Zain Pandit shares the insight on employment incentive schemes.
Zain says, incentive schemes like PIPs, Phantom Stocks, and SARS can reshape employee motivation and rewards in India. While traditional shares might suit certain cases, these tools can be ineffective for motivating founders or investors. These schemes offer ownership feelings without actual ownership, align interests, and reward performance, thereby fostering business success and a dynamic environment.
Zain is a member of the firm’s corporate practice. His practice focuses on corporate governance, business structuring and restructuring, public procurements as well as mergers and acquisitions.