Test prep startup Unacademy has amended its employee stock option plan (Esop), significantly shortening the exercise window for former employees. Earlier, employees who left the company had up to 10 ...
India Today on MSN
Unacademy ESOP move explained: Legal, ethical, or unfair to employees?
Over time, ESOPs have become a key pillar of startup compensation in India. However, Unacademy’s recent decision to sharply reduce the ESOP exercise window for former employees has forced many to ...
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Unacademy tightens ESOP rules, ex-employees must now exercise vested options within 30 days
Move comes as the company is reportedly in acquisition talks with upGrad Founder clarified that the move is an attempt to give employees actual shares (equity) so they can participate in the potential ...
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