ESOP Direct and 9.9 Media Host Conference on “Aligning Interests of Management and Employees”

New Delhi, Delhi, India, Wednesday, November 25, 2009 -- (Business Wire India)

ESOP Direct in association with 9.9 Media is organising a conference on November 26, 2009 at Hotel Taj Lands End in Mumbai to address key questions and issues around employee incentives. The conference –‘The High Performance Workplace: Aligning the Interests of Employees and Management’- will address steps to create a culture of employee ownership and share best practices. It will focus on equity based compensation like ESOPs and discuss ways and means to introduce these as core components of a company’s functioning. The recent upsurge in the stock markets indicates that the economy appears poised to re-enter a growth phase and leave the downturn behind. In the emerging scenario, employee retention assumes larger importance and tools such as ESOPs will be vital.

In today’s business environment, which is characterised by the increasing usage of new innovations to ensure employee retention and motivation, ESOPs are increasingly emerging as a smart choice. The day-long conference will consist of multiple sessions devoted to the key issues, successes and challenges surrounding the development and implementation of ESOP programmes.

Dr Manoj Vaish, President and Chief Executive Officer India – Dun and Bradstreet Information Services India Pvt Ltd. will serve as the keynote speaker. He will share his views on how today’s corporate leaders can inspire and incentivise their employees to generate greater value and productivity.

Harshu Ghate, Managing Director, ESOP Direct, said, “I believe that ESOPs are efficient, effective tools to help today’s enterprises motivate their employees give more of themselves to their work. This conference will cover the entire gamut of designing, structuring and implementing ESOPs for various types of firms.”

The official conference partners are Edelweiss Capital, Khaitan & Co. and People Matters.

About ESOP Direct

ESOP Direct is the only specialised ESOP firm in India providing end to end solutions in stock based compensation. Set up in 2000, it serves more than 400 corporate clients across all the sectors. Its service offerings cover the entire life cycle of ESOPs including plan conceptualisation, design, documentation, plan management, compliance and reporting. Plan management is offered using company’s proprietary web based platform.

About 9.9 Media

9.9 Media is one of India’s most diversified media companies that integrates its print, online, research and event platforms to serve highly-targeted communities such as Owner-Managers / Entrepreneurs, CIOs, CTOs, CISOs, CFOs, Manufacturing & Logistics professionals, IT professionals, Channel partners, Gamers, Personal technology enthusiasts and those leading institutes of higher education. Some of its leading brands include The CTO Forum, Digit, Industry 2.0, Logistics 2.0, Digit Channel Connect, SKOAR!, thinkdigit.com, consumermate.com and now the latest additions, CFO India and EDU. The 9.9 School of Convergence is focused on developing talent in journalism. 9.9 Media was founded by five professionals: Kanak Ghosh, Asheesh Gupta, Vikas Gupta, Anuradha Das Mathur and Pramath Raj Sinha. Its investors include Helion Venture Partners and TVS Capital Funds Ltd.