If you thought technology and multinational companies are the best wealth creators for employees at India Inc, think again. Though conventional wisdom drives you to that conclusion, in reality a new breed of wealth creators has emerged ever since the employee stock option plan (ESOP) was pioneered by Infosys in the mid-nineties.
Till about four years back, ESOPs were predominantly concentrated among MNCs and the IT sector. But a TOI study has revealed that over the last three financial years, employees of BFSI (banking and financial services) companies have recorded the maximum returns on their stock options followed by FMCG (fast moving consumer goods) companies. And it's an Indian company, ITC, which leads the list of top 100 listed companies on a cumulative basis.