Devsinc launches employee stock ownership plan to foster culture of employee partnership
Devsinc, one of Pakistan’s leading IT and ITES companies, has launched the “Employee Stock Ownership Plan” (ESOP) for its employees, under which all employees will gradually be allocated shares in the company.
This initiative reflects Devsinc’s commitment to empowering its employees and enhancing the company’s core values.
The primary goal of the plan is to maintain a strong bond between employees and the company, cultivate a sense of ownership, foster a founder-like mindset and align individual achievements with the overall growth of the organisation.
Under this scheme, employees will receive shares progressively over four years, starting after the completion of one year of service.
The shares can be either sold back to the company or exchanged.
According to Devsinc, the distribution of shares will be based on performance and tenure, closely resembling international ESOP models.
Devsinc’s CEO Usman Asif called this move a significant step towards collective growth.
He stated, “We want every individual to feel a sense of ownership and responsibility toward the company, with a commitment to the development and prosperity of each member of the organisation.”
He added, “Equitable treatment is not just a reward but a commitment to a greater purpose.”
This move by Devsinc represents an emerging trend in Pakistan’s technology industry, where companies are adopting modern incentive structures to meet global employment demands and retain top talent.
As startups mature into stable enterprises, employee ownership of the company is becoming a key differentiator.
Aaj English
















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