Yellow.ai, a leading enterprise-grade Conversational AI platform trusted by 1000+ enterprises globally, has rolled out its employee stock ownership plans (ESOPs) program for its global workforce, worth $43 million.
With this initiative, Yellow.ai aims to empower its employees, irrespective of their tenure in the company or their designations, to create wealth in line with the business growth.
The focus is to promote collective success by ensuring that employees think about long-term value and wealth creation for themselves, their customers, and Yellow.ai. Along with a very competitive ESOP plan, Yellow.ai is providing maximum flexibility to its employees by extending quarterly vesting post a one-year cliff period.
“Yellow.ai is witnessing exponential growth globally and our employees have played a pivotal role in achieving this. Taking our commitment to being an employee-first organization further, we are democratizing wealth creation for our employees to recognize their valuable contribution to this upward journey. At the same time, we aim to empower our employees to achieve their personal goals and contribute to the company’s business goals. We are confident that this will help drive further accountability, hire the right talent, create wealth for our employees, and implement our long-term vision more effectively.”
As a ‘Great Place To Work’ certified organization, Yellow.ai continues to stay committed to its goal of creating a people-first culture where its employees get the best support to achieve personal and professional milestones. With physical, financial, and emotional well-being as its top priority, the company is actively investing in a myriad of activities such as focus-learning weeks, no-meeting Fridays, group challenges including photography contests and fitness challenges, and partnerships with best-in-class partners for health insurance and other benefits catering to physical and mental wellness.
The ESOP program is a part of its 360-degree experience initiative that holistically focuses on wellness, learning and development, rewards and recognition, and employee wealth creation options, generating true moments of delight for its employees.