- The company has recently announced an ESOP scheme and a Performance Linked Incentive multiplier for all employees
New Delhi, October 12, 2022: Hard work pays off, and Biz2Credit, provider of an online marketplace for small business funding, turned this phrase into a grand reality! At the Biz2Credit Annual Diwali Dhamaka, Biz2Credit employees reaped the rewards of the outstanding contributions they made in the past year. Taking centre stage at the Biz2Credit Annual Diwali Dhamaka on 8th October 2022 was the ultimate dream machine-the BMW bike for the five top winners.
Biz2Credit also gave away iPad Air and announced bonuses, cash rewards, and other perks for their employees for the appraisal year 2022–23. In addition to this, the company has also announced that top performers, i.e., 60–70% of employees, will get up to 40x their Performance Linked Incentive. Biz2Credit is the company behind Biz2X, a global SaaS platform that enables financial institutions to provide a customised online lending experience for their small and mid-sized business customers.
The company has introduced new schemes and HR policies to reward and cherish employees’ contributions to the organization. Notably, it introduced an ESOP scheme, which is an inclusive scheme covering 100% of its employees, which apparently no other organisation is offering in the recessionary scenario.
Commenting on this announcement, Mr. Rohit Arora, CEO, Biz2Credit& Biz2X, said, “The previous year was ground breaking and our biggest asset is our employees. With this small gesture of appreciation, we hope to encourage, engage, value, and empower our staff members so they may contribute their best work to meaningful careers. Despite the global headwinds, the company has seen great growth momentum. In the next 10 to 12 months, we are prepared for an even greater leap, both domestically and internationally. “
Ms. Anupama Garg, Senior Vice President & Head – Human Resources (India) said, “It is extremely evident from the company’s ethos that we are a very performance-driven business, we value and celebrate meritocracy, and we can and will always be able to reward and recognise those that perform well. In addition, we think it’s important to support those who aren’t capable of performing at that level. Additionally, thanks to the fortitude and tenacity of our team, we have seen a strong rise in overall growth. We always take time to acknowledge and appreciate the commitment, effort, and accomplishments of our employees as part of our “people first” policy.”
It is also noteworthy to mention that Biz2Credit was recently named to the list of 2022’s Best Places to Work in Financial Technology by Best Companies Group. It was also named to Built Ins list of Best Places to Work in 2021. The company has won numerous other fintech awards, including being named to Inc. 5000’s Fastest Growing Private Companies, Deloitte’s Fast 500, and Finovate’s Excellence in Pandemic Response award. The US-headquartered company has 750+ employees based in India. By the end of this year, the company will have more than 1000 employees in India.
