What is an employee share option scheme?

(Image: Getty)

Wed, 27 Mar 2024

In today’s competitive job market, business owners constantly look for ways to attract and retain top talent. Offering higher salaries is not always an option for businesses, particularly for high-growth startups that need all available capital for growth. For this reason, employee share option schemes (Esops) are popular among businesses in New Zealand. An Esop allows employees to purchase shares in the company in the future at a predetermined price (the "strike price") if certain conditions are met. If the share valu...

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