The leading B2B online destination management company has announced an incentive in the shape of an Employee Stock Option Plan (ESOPs) to reward the company’s 14 key employees. This is a first-of-its-kind initiative in the travel and tourism industry, where ESOPs are being issued and wealth is shared with employees by a self-funded Private Limited company.
On the eve of the 12th Foundation Day celebrations of TravelBullz, a leading B2B Online Destination Management company announced an incentive in the shape of ESOPs (Employee Stock Option Plan) to reward the company’s 14 key employees.
These 14 employees have been selected based on their long-term association, contribution, and commitment to the company’s growth and vision. The recognition has been through the rank and file, ranging from front-line executives to heads of Departments.
This is a first-of-its-kind initiative in the travel and tourism industry, where ESOPs are being issued & wealth is shared with employees by a self-funded Private Limited company.
According to the scheme, employees of TravelBullz will be able to vest their ESOPs after 2 years. The grant of ESOP shall generate wealth for the ESOP holders in line with the company’s valuation in 2 years.
Founder & President TravelBullz Mr. K. D. Singh said, “We owe our growth in the last 12 years to “OUR PEOPLE” & their dedication. We wish to reward their complete ownership, their unflinching support through the pandemic & their outstanding performance. I wish that in the coming years everyone working with TravelBullz should have ESOPs so that they could align their growth to the company’s growth.
Ms.Shalini Nair, Founding Member, TravelBullz, further added, “Our employees are our most valuable asset, and their devotion and hard work have allowed us to expand significantly in the last year. This ESOPs is our method of expressing our gratitude in a very humble way to our employees and, as a result, making them stakeholders in our success”
TravelBullz was founded in August 2010 with the sole objective to revolutionize and redefine the Wholesale Business in Travel Trade. The prime objective of the team at TravelBullz is to provide intelligent Travel Solutions to its channel partners and engage them in a world where delivering quality service is the only way of conducting business.
The TravelBullz wholesale booking engine has the latest technology platform and its user-friendly interface conveniently connects to over 15,000 travel & tour companies worldwide seamlessly to search for the best prices with availability for instant confirmation of Hotels, Apartments, Transfers, and Tours.