It is critical to ensure that the ESOP is administered smoothly over the life of the plan till closure.
Aurel provides the following services at a reasonable annual charge:
- Keeping the ESOP register up-to-date
- Issue of fresh & ongoing grants per Board approval
- Supporting valuations as required for accounting purposes
- Issue of employee letters when ESOP conditions changes – vesting, exercised or at attrition
- MIS reports as required by the Board, management or auditors