If you’re working for Snapdeal, you are a special employee indeed

The ecommerce market in India growing up vigorously, care for the employees is also on the rise. Online retail companies in India, mostly startups are very much keen on retaining their employees to get a better benefit in the long run.

After Pepperfry, UrbanLadder and Carat-Lane reported to be wooing people with equity options, its time for Snapdeal to prove they aren’t far behind. As per a news report in The Economic Times, Snapdeal is seeking to ensure employee loyalty by rewarding about a third of its staff with stock options. In order to achieve this, it expanded the proportion of equity that can be distributed as options " to 10% from 6%.

The ET report reads, these have been given to 1,200 workers adjudged as the top performers among a total 4,000. The numbers are much larger this time. Last year, the company gave these to 300 employees out of a total 1,200. "Only the top performers at Snapdeal have got stock options over and above the salary increments," Saurabh Nigam, vice-president (HR), of Snapdeal said the financial daily.

Also, Snapdeal is also in lookout for top techies of Silicon Valley just like Flipkart has been doing.

(Image: India Times)