MY ESOP
My ESOPs platform has been designed to support your complete plan administration cycle. If your are facing issuing challenges regarding data integrity, Plan participants’ user experience, manual operations, data security or personal dependency, we can assist you in bringing about automation in the process for a seamless user experience.
We offer a complete spectrum of ESOP management services through MyESOPs, our proprietary on-line platform. The services include Plan administration, employee communication, help desk, on-line reports, perquisite Tax calculation and reporting.
Features of My ESOPs
Web Based Integrated Platform
Facilitates Ongoing Plan Administration, Online Grants, Payment Gateway, HRMS-SSO and Funding
Manage All Types of Equity Instruments
ESOPs, RSU, SAR, ADR, Phantoms, ESPS
Individual Log-ins to Each Option Holder
This helps in tracking and executing option related transactions through secured log-ins
On-line Calculation of Perquisite Tax
Calculates Tax liability on the basis of the applicable rates depending on the jurisdiction within which the Tax incidence arises.
Track Employee Mobility
Across locations and geographies / computing relevant Tax liabilities
Online Exercise
Offers self service options to facilitate online exercise and to select alternate payment mode
Customized Alerts for Each Employee
Employees get timely alerts prior to vesting, lapse of options or share price reaching a certain target level
Comprehensive on-line Management Reporting
Serves information regarding transactions with live status, to management & other relevant authorities.
Liquidity Event
Runs structured liquidity event and helps employee unlock value
PROCESS
Individual option holders are given online access to their ESOP data and status through a secured login id and password. The corporate representatives (process owners at the client’s end) have separate management access based on their role and hierarchy. This allows them access to company-wide information and reports.
Dedicated resources are assigned to client for smooth interaction and resolution of open issues.
TECHNOLOGY
To ensure safety and security of the client’s confidential data, we follow industry best practices in
TECHNOLOGY
To ensure safety & security of clients confidential data/we follow industry best practices in
