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  2. People also ask
    Who got $271 million in ESOPs?
    Swiggy IPO: Top executives of the company bag $271 million in ESOPs. Swiggy IPO: Ahead of its highly anticipated IPO, Swiggy has showered its top executives with a massive $271 million worth of stock options. Find out who got what.

    Swiggy IPO: Sriharsha Majety, other top execs bag $271 million in ESOP…

    msn.com
    Why are ESOPs important?
    ESOPs were ahead of their time in embodying principles of worker involvement and wealth-creating that align with key tenets of purpose-driven business. That’s because ESOPs inherently create value for multiple stakeholders, creating opportunities for employees to benefit through ownership stakes and enhanced retirement savings.

    ESOPs And The Growing Movement Toward Purposeful Business

    forbes.com
    Will the new ESOPs increase Majety's ownership?
    For Majety, who holds a 6.23% stake in the company on a fully diluted basis, the new ESOPs could increase his ownership by an additional 2.2-2.5%. He is also planning to sell $7.5 million worth of shares through the IPO’s offer for sale (OFS) component.

    IPO-bound Swiggy grants ESOPs worth $271 million to founders, top ex…

    cnbctv18.com
    Are ESOP companies a good investment?
    A 2023 study from the National Center for Employee Ownership found that ESOP companies often see voluntary quit rates of their employees at roughly one-third the national average, increased productivity and profitability. Moreover, their communities benefit from the presence of stable, locally-rooted businesses committed to local prosperity.

    ESOPs And The Growing Movement Toward Purposeful Business

    forbes.com
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  3. The ESOP Association
    https://www.esopassociation.org/articles/major-win...

    In Major Win for ESOPs, U.S. Department of Labor Agrees to …

  4. The ESOP Association
    https://www.esopassociation.org/articles/september-2024-esop-report

    September 2024 ESOP Report | The ESOP Association

  6. PR Newswire
    https://www.prnewswire.com/news-releases/more-than...

    More than 50 Organizations Join Together in New 'Expanding …

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    Organization
    Inequality
  7. Bloomberg Law News
    https://news.bloomberglaw.com/daily-labor-report/...

    Employee-Owned Companies Put on Notice of Looming IRS …

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    Occupation:Reporter
  8. Forbes
    https://www.forbes.com/sites/maryjosephs/2024/06/...

    Employee Ownership Gains Big Momentum - Forbes

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    Mary Josephs
    Momentum
  9. The ESOP Association
    https://www.esopassociation.org/articles/esop...

    The ESOP Association Applauds Introduction of New Bipartisan ...

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    The Association
    Legislation
  10. Warren Averett
    https://warrenaverett.com/insights/esop-rules-and...

    4 New ESOP Rules and Regulations Under the SECURE 2.0 Act

  11. IRS
    https://www.irs.gov/newsroom/irs-cautions-plan...

    IRS cautions plan sponsors to be alert to compliance issues …

  12. The Architect’s Newspaper
    https://www.archpaper.com/2024/02/thi…

    New legislation will allow architecture workers to fully …

    WEBFeb 1, 2024 · New York State Assembly officials are gearing up to pass legislation that goes into effect July 21, 2024 with financial implications for architecture workers. The statute will allow employees...

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    Legislation
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  13. forbes.com
    https://www.forbes.com/sites/maryjosephs/2024/10/...

    ESOPs And The Growing Movement Toward Purposeful Business