Banking on ESOPs: Just do it and get paid for it

Public sector bank employees are paid fixed salaries, which, according to the survey, does not encourage risk-taking and innovation. Although PSBs control 70% of India’s banking market, they lag considerably in performance metrics when compared to their peers. The proposal comes when the Indian Banks’ Association and bank unions have been negotiating wage increases.

from Banking/Finance-Industry-Economic Times https://ift.tt/31p3T7b