Automatic enrolment to the Employee Stock Option Plan (ESOP) introduced and extended to 2500+ existing staff
London, UK & Vodnjan, Croatia – 10 November, 2021: Global cloud communications company, Infobip today announces it is rolling out its ESOP (employee stock option plan) to all employees across the staff base ensuring everyone shares in the value they help to create. Culture and talent have always been the driving force behind Infobip’s success, and today’s announcement demonstrates commitment to a philosophy of inclusion that forms the basis for its future as a company.
The move comes after a period of expansion following acquisitions of US voice provider Peerless Network, US messaging company OpenMarket, the Shift Conference franchise and SMS firewall provider Anam, all marking important milestones in the company’s growth trajectory. Employees at all levels who are not currently part of the ESOP plan will be automatically enrolled. These include people at all levels across all offices worldwide. Stock options will be available for around 2,500 additional team members while all future new hires will automatically qualify.
Infobip’s CEO, Silvio Kutić said: “A crucial part of the employee value proposition, ESOP is the foremost initiative that rewards staff for their contribution to the company’s evolution through compensation over and above their salaries.
“It is an honour and a privilege for us to reach a juncture where we can make all staff a part of our growth story as shareholders. We already initiated the policy a few years back and extended ESOP to individuals who have been critical partners in our journey but today we have made this a universal benefit.”
The ESOP plan is in addition to employees’ current compensation packages.
“As an organisation, we are now in the next phase of our exponential growth trajectory,” concludes Silvio Kutić. “We need to make sure that everybody is fully invested in the ambitious growth plan we have in place over the next few years. That is how they will create value not only for the organisation but themselves as individuals over time.”
For more information on working at Infobip you can visit www. infobip.com/careers.
Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact center solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty.
With over a decade of industry experience, Infobip has expanded to 65+ offices across six continents. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 190+ countries connected directly to over 650 telecom networks. In the past 12 months alone, over 5 billion people have used Infobip solutions and services. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.
Recent accolades include:
- Infobip Recognised as The Established Leader in Juniper’s Competitor Leaderboard for CPaaS, 2021
- Infobip ranked leading service provider in the mobile messaging space by Juniper Research in its new Competitor Leaderboard, 2021
- Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2021 Vendor Assessment (doc #US46746221, May 2021).
- Best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report 2021
- Best CPaaS Provider of the Year, Best RCS Provider of the Year, and Mover & Shaker in Telco Innovation at the 2021 Juniper Digital Awards