TO THE NEW Offers ESOPs to Its Employees
TO THE NEW, a digital technology company, widely acknowledged for consistently contributing to its employees’ (internally referred to as ‘Newers’) growth and welfare, has announced its employee stock option scheme. As per the scheme, the company will provide stock options to all Newers who complete 1 year with the company.
Another distinct feature of the employee stock option scheme is that it allows option holders to apply for cash settlement of their vested options -- within the employment period or at the time of separation.
As per the projections, the company expects to continue its CAGR of around 50 percent and plans to go public once it hits the annual revenue run-rate of US$ 100 million in 2022.
With its innovative ESOP, TO THE NEW aims to promote inclusivity and incentivize everybody towards their contribution to the growth of the company.