Ideas2IT Crowned their Most Trusted Employees As “Co-Founders Of The Company”
- 50 cars for 50 Employees as part of company’s wealth sharing initiative
- Making the transition from the Employee to Partner through “Employee Ownership Program”; 1/3rd of the company ownership will be shared to the most trusted employees
India: Chennai, January 2, 2024: Ideas2IT, a high-end product engineering firm headquartered in Chennai, today felicitated its employees by rewarding ”50 Cars for 50 Employees” as part of their wealth sharing initiative which was initiated last year. This was followed by a pleasant surprise announcement to the most trusted employees by launching a mind-blowing initiative “Employee Ownership Program”. This is a strategic move aimed at providing genuine ownership to ensure a pleasurable and continuous journey. Through this program, employees will receive a remarkable 33% stake in the company, of which 5% will be given to selected 40 employees who have been with the company since inception and the rest will be distributed to all the employees.
The founders of the company, Shri. Murali Vivekanandan & Ms. Bhavani Raman, gifted 50 cars to 50 employees and 1/3rd of the company’s ownership to the most reliable employees in the esteemed presence of Ms. Gayathri Vivekanandan, CEO, Ideas2IT, Mr. Arun Ganesan, Director, Ideas2IT and senior members from Ideas2IT at the Mega Wealth Sharing Event held in Chennai.
Launch youtube video link 👇
As part of our Employee Ownership Program, the selected employees will become valued stakeholders, aligning their interests directly with the company’s long-term success. With the launch of such employee-friendly wealth sharing initiatives, Ideas2IT is poised to transform the employees working experience and forge a strong collaborative corporate culture, emotional attachment with the company and move towards a journey of collective success that extends beyond the workplace.
Commenting on the pleasant surprise announcement, Mr. Murali Vivekanandan, Founder & Chairman, Ideas2IT said, “We are extremely delighted to felicitate the first set of making ‘Employees to Partners’. At Ideas2IT, we believe in recognizing and rewarding the exceptional talent that drives our success and growth. They are our brand ambassadors for the program and will surely be an incredible inspiration to other employees.”
Commenting on the reason for deciding on this initiatives, Ms. Bhavani Raman, Founder, Ideas2IT commented, “Many corporates say that they treat them as families but we would prefer NOT to do just a lip service. We want to truly make them owners and partners in this journey.”
Speaking on the occasion, Ms. Gayathri Vivekanandan, CEO, Ideas2IT said, “This is a true testament to the dedication and hard work of our team. Hearty congrats to all, and welcome new partners who have stayed with us since inception. As always, our aim is to be even more employee-focused, especially in today’s challenging atmosphere, it is very important for us to demonstrate how we recognise our employees and retain talent.”
Mr. Arun Ganesan, Director of Technology, Ideas2IT said, “This pleasant surprise would definitely be a game-changer as our employees have been playing a significant role in ensuring Ideas2IT’s success journey. We are confident this move would not only maximise individual impact and contributions but also further strengthen the bond between the company and its employees.”
2023 has been an incredible year for Ideas2IT and this would not have possible without the backbone of our Ideas2IT family, our employees. Our aim is to be even more employee-focused and it is important for us to create an inspiring, safe and attractive places to work. We believe those who honoured today will be in a stronger position to attract, recruit, retain talent and strives to make the company a better place to work……
Key Highlights of the Initiative:
Wealth Sharing for Shared Success: The decision to allocate a significant ownership stake to the most trusted employees reflects Ideas2IT's belief in the power of shared success. This move ensures that employees are not just contributors but true partners in the company's successful journey.
Trust as the Foundation: The initiative is a testament to the trust Ideas2IT places in its workforce. By sharing ownership, the company signals a profound confidence in its employees' dedication, skills, and contributions.
Enhanced Employee Engagement: This forward-thinking initiative aims to boost employee’s morale, engagement and loyalty. It fosters a sense of belonging and ownership, further motivating employees to contribute their best to the company's growth.
Community Impact: Beyond the direct beneficiaries, Ideas2IT acknowledges the ripple effect of this initiative. Extended families and communities associated with the entrusted employees stand to benefit, creating a positive impact beyond the workplace.
Alignment of Interests: With employees now having a direct stake in the company's success, Ideas2IT ensures a strong alignment of interests across all stakeholders – be it customers, prospects, or governance.
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