GoTyme heats up South Africa’s fintech talent war with employee ownership plan
GoTyme Bank, the South African digital bank backed by billionaire Patrice Motsepe, has launched a long-term employee ownership programme for staff across the business, deepening its push to attract a…
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The useful update
- GoTyme Bank, the South African digital bank backed by billionaire Patrice Motsepe, has launched a long-term employee ownership programme for staff across the business, deepening its push to attract a…
- GoTyme heats up South Africa’s fintech talent war with employee ownership plan
The stakes
- In a sector defined by aggressive growth, mounting competition and rising pressure to prove profitability, the digital race is increasingly about keeping the people building billion-dollar businesses invested in the outcome
- Employee share ownership plans (ESOPs) have gained momentum in South Africa, benefiting more than 211,000 workers since 2019 and paying out about R3.3 billion ($201 million) in dividends, according to the Department of Trade, Industry and Competition
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Original report GoTyme heats up South Africa’s fintech talent war with employee ownership plan
Publisher: TechCabal · Published May 20, 12:37 pm · techcabal.com
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The short version
GoTyme Bank, the South African digital bank backed by billionaire Patrice Motsepe, has launched a long-term employee ownership programme for staff across the business, deepening its push to attract a…
GoTyme Bank, the South African digital bank, has launched a long-term employee ownership programme for staff across the business
The bank’s CEO Cheslyn Jacobs on Tuesday told TechCabal that employees are participating through a Long-Term Incentive Programme (LTIP) designed to align workers across the digital banking group with its long-term growth and success
What happened
- GoTyme Bank, the South African digital bank backed by billionaire Patrice Motsepe, has launched a long-term employee ownership programme for staff across the business, deepening its push to attract a…
- GoTyme heats up South Africa’s fintech talent war with employee ownership plan
- GoTyme Bank, the South African digital bank, has launched a long-term employee ownership programme for staff across the business
- GoTyme Bank, the South African digital bank backed by billionaire Patrice Motsepe, has launched a long-term employee ownership programme for staff across the business, deepening its push to attract and retain fintech talent
- The bank’s CEO Cheslyn Jacobs on Tuesday told TechCabal that employees are participating through a Long-Term Incentive Programme (LTIP) designed to align workers across the digital banking group with its long-term growth and success
Why this matters
- In a sector defined by aggressive growth, mounting competition and rising pressure to prove profitability, the digital race is increasingly about keeping the people building billion-dollar businesses invested in the outcome
- Employee share ownership plans (ESOPs) have gained momentum in South Africa, benefiting more than 211,000 workers since 2019 and paying out about R3.3 billion ($201 million) in dividends, according to the Department of Trade, Industry and Competition
- The practical value is the source trail: TechCabal is the place to check before acting on prices, dates, availability, or local implications
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Original articleGoTyme rolls out employee share scheme for long-term retention
Image from TechCabal via the original article.
Original articleGoTyme rolls out employee share scheme for long-term retention
Image from TechCabal via the original article.
Original articleGoTyme rolls out employee share scheme for long-term retention
Image from TechCabal via the original article.