A Chennai-based company, Ideas2IT has decided to share ownership with its employees. The company has unveiled an “Employee Ownership Programme” and will grant 33% Company Stake To Empower Employees.
Ideas2IT will grant this equity to the first 50 employees of the company followed by another 100 in line to join this privileged pool.
Murali Vivekanandan, Founder, Ideas2IT, said, “We believe that to nurture exceptional talent and cultivate a workspace that synergizes innovation, we need our employees to genuinely possess the feeling of ownership.”
“The motivation behind this unprecedented initiative is an emotional commitment to build a top-tier product engineering company from India, with employees as true partners,” Murali Vivekanandan added.
Earlier in 2022, Ideas2IT gifted Maruti Suzuki cars to 100 employees. The company gifted as many as 100 cars to its employees for their constant support and unparalleled contributions to the company’s success and growth.
“We are gifting 100 cars to 100 of our employees who have been a part of us for more than 10 years. We have a strength of 500 employees. Our concept is to return the wealth we have received to the employees,” said Hari Subramanian, Marketing Head, Ideas2IT.
Murali Vivekanandan, Founder and Chairman, Ideas2IT said that the employees have made a lot of efforts to improve the company and the company is not giving cars to them, they have earned it with their hard work.
“Seven-eight years ago we promised that when we get lefty goals we will share our wealth. Awarding these cars is just the first step. We plan to roll out more such initiatives shortly,” added Mr. Vivekanandan.
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