SG Analytics, a leading research and analytics firm serving global clients, announced a ‘Profit Share Plan’ starting this year, the first of its kind in its industry, to further foster inclusivity in the workplace. According to this plan, all the full-time employees of the company will be covered under either the Profit Share Plan or the Employee Stock Option Plan. This inclusion will be in addition to its existing compensation structure.
According to Sushant Gupta, Founder & CEO, SG Analytics, “As an organization that is constantly evolving, we believe in achieving extraordinary results for all our stakeholders with a high quality of life. In line with this philosophy, starting this year, we have initiated a company-wide profit share plan wherein a share of profits of the company is going to be distributed evenly across all the employees, helping them achieve liquidity which an ESOP plan does not provide. Also, the profits will be distributed evenly across all the employees, irrespective of seniority, effectively making them owners of the company.”
“We conducted two major hiring drives during the pandemic to provide right opportunities to talented professionals at a time when other organizations were going through major layoffs,” said Vineet Agarwal, Co-CEO, SG Analytics. “During the lockdown alone, we onboarded over 200 professionals through our virtual onboarding process. We have witnessed a growth of ~30% in FY20-21 and, through it all, the safety, health, and wellness of all our employees have been paramount for us.”
SG Analytics along with its Founder & CEO, Sushant Gupta, launched ‘Ek Nishchay’, a COVID-19 relief initiative that positively impacted the lives of nearly 40,000 pandemic-affected individuals (10,000 families) in Pune city and nearby villages by providing them ration-kits and essential medicines.
About SG Analytics
SG Analytics is a leading provider of data-centric research and contextual analytics services to its clients across the globe. With a team of over 900 employees, the company has its offices in New York, Seattle, Austin, London, Zurich, Pune and Hyderabad.
To know more about SG Analytics, please visit www.sganalytics.com