Featured Country:

Data Protection Regarding Stock Options
It is recommended that an employer disclose its data processing activities to employees. It is recommended that an employer obtain and employee's prior written consent for the collection, use and transfer of his or her personal data outside of India. It is also recommended that an employer reserves, in the contract with the employees, the right to transfer information contained in the database to related companies or to a third party plan administrator.

Labor Concerns Regarding Stock Options
It is possible, but not common, that benefits under a stock option plan would be viewed as part of the employee's salary and taken into account while determining damages payable to the employee upon unlawful termination. To mitigate this risk, the employee should acknowledge in writing that the plan and any benefits thereunder are provided solely at the discretion of the company.

To see a sample Library Report for India, click here