{"id":497003,"date":"2022-06-08T08:57:23","date_gmt":"2022-06-08T03:27:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497003"},"modified":"2022-06-08T09:26:54","modified_gmt":"2022-06-08T03:56:54","slug":"spicejet-extends-esop-scheme-to-mid-level-workers-critical-resource-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-extends-esop-scheme-to-mid-level-workers-critical-resource-staff\/","title":{"rendered":"SpiceJet extends ESOP scheme to mid-level workers, critical resource staff"},"content":{"rendered":"<p>Budget carrier SpiceJet has extended its employee stock ownership plan (ESOP) scheme to certain mid-level employees as well as &#8220;critical resource&#8221; staff for the role they played in the company amid the COVID-19 crisis, sources said on Tuesday.<\/p>\n<p>Critical resource staff is a set of employees who are not easily replaceable. Under the ESOP scheme, employees get company shares that vest over a period of time. Till now, SpiceJet&#8217;s ESOP scheme was for the top management only.<\/p>\n<p>SpiceJet has been going through a tough time for the last few years. The airline reported a net loss of Rs 934.8 crore and Rs 998.3 crore in 2019-20 and 2020-21, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budget carrier SpiceJet has extended its employee stock ownership plan (ESOP) scheme to certain mid-level employees as well as &#8220;critical resource&#8221; staff for the role they played in the company amid the COVID-19 crisis, sources said on Tuesday. Critical resource staff is a set of employees who are not easily replaceable. Under the ESOP scheme, employees get company shares that vest over a period of time. Till now, SpiceJet&#8217;s ESOP scheme was for the top management only. SpiceJet has been going through a tough time for the last few years. The airline reported a net loss of Rs 934.8 crore [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-497003","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=497003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}