For clients, this transition promises not only improved service quality but also a partnership model, says CriticalRiver.
MUMBAI, Apr 24 (The CONNECT) – CriticalRiver Inc., a leading technology solutions provider announces that 100% of its employees will now have ownership in the company through its lucrative ESOP initiative.
With over 1,000 employees across 9 global locations, this strategic move reinforces the company’s commitment to retaining its top talent. As part of the transition, CriticalRiver will grant 100 ESOPs to each employee annually based on their years of service. Each employee’s account will receive an additional 100 ESOPs each year.
Anji Maram, Founder & CEO of CriticalRiver Inc., said, the strategic move is more than a milestone; it’s a testament to the management’s confidence in its teams and the collective future.
According to the Harvard Business Review, businesses with at least 30% employee ownership tend to emjoy enhanced productivity, experience faster growth, and have a lower likelihood of going out of business compared to their counterparts. In addition to ensuring the continuity of quality talent, this model reinforces a customer-centric approach, where employees deeply invest in satisfying clients and meeting their expectations, thereby securing the longevity of the organization.
Chandra Chandragiri, CFO of CriticalRiver Inc., said for clients, this transition promises not only improved service quality but also a partnership model where employees are deeply invested in satisfying clients and meeting their expectations.
Â
