Home Business Twiga Foods employees to get shares in reward plan

Twiga Foods employees to get shares in reward plan

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Business Daily | by Kevin Rotich

Twiga Foods has rolled out an employee share ownership plan (ESOP) that will see 156 workers allotted shares over the next four years.

In the deal, employees will get stock equivalent to 10 percent of the company’s estimated future exit value, which is a proceed derived from the sale of an asset or a business.

The company’s chief executive Peter Njonjo said the programme aims to attract and retain top talent that will help contribute to the future success of the business…

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