With the aim to reach $5 billion of market capitalization value and become one of the top 10 best real estate developers in Southeast Asia by 2030, Dat Xanh Group has always emphasized high quality human resource attraction and development, system optimization and competitive advantages in the market. A typical characteristic of this policy is the issuance of 3 million shares under Employee Stock Ownership Plan (ESOP) and many other special policies for employees that Dat Xanh has been implementing for many years.
Increasing ESOP bonus shares by 3 times that of 2016
Compared to 1 million ESOP shares issued in 2016, the number of ESOP shares issued this year has been tripled, reaching 3 million shares, to bring employees more incentives and express the company’s development capacity. Thus, with the trading price of more than 20,000 VND /share as of 17th October 2017, the total value of ESOP shares this year is equivalent to 62.4 billion dongs. This is a great reward given out by Dat Xanh (Ticker symbol:
DXG) to facilitate its employees in preparing a savings and securing their long-term dedication and contribution to the company.
It is reported that this 3 million ESOP shares accounts for 1.08% of DXG's outstanding shares (285,661,303 shares, as of the end of September 2017). According to regulations, ESOP shares will continue to be applicable to management leaders, individuals who have worked for more than 5 years and some special cases (those who have outstanding achievements, employees subjected to the training mode for key staff, and personnel trained for the long-term development strategy of the Group).
Mr. Luong Tri Thin - Chairman of the Board of Directors and General Director of Dat Xanh Group - shares about the increase of bonus shares for employees in this year: “At Dat Xanh, we always see people as the most important factor of the company’s development. Therefore, for many years, Dat Xanh has implemented many programs to improve the income of employees, in which, the issuance of ESOP bonus shares is a way to show the company’s care for individuals who have contribution and dedication. In particular, the 2017 ESOP program is a special package to help employees own shares and commit their long-term development at Dat Xanh”.
Highly appreciated welfare and benefits
With the breakthrough strategy and the leader goal for the next 5 years, Dat Xanh Group identifies people as the core element of development which creates its competitive advantage in the market. In parallel with the ESOP share issuance program, the company has regularly implemented various policies to take care of the employees’ family members and relatives, sponsored travel expenses for their families, and set specific salary and bonus policies applicable for each level of employment.
In recent years, Dat Xanh has promulgated impressive renumeration to attract talents. The outstanding ones among those are the tuition sponsor policy for children of management employees and the program to buy a house at preferential price for employees. This policy, evaluated as having a practical meaning, demonstrating the breakthrough of the management, has been receiving the support of all management staff. In addition to increasing the income, ensuring good welfare for employees, Dat Xanh continues to improve its system for career development pathway and salary policy, organize many training courses to improve expertise and skills of the managers and staff.
Mr. Luong Tri Thin has more to say: “We not only care about staff but also care for their families. As a result, all employees are dedicated to the development of the organization and see Dat Xanh as their second home”.
With the great market opportunity and financial strength, Dat Xanh Group is confident to reach the targets and always expand the employment opportunities, welcoming talents from everywhere to Dat Xanh home to jointly conquer new heights - "To become one of the 10 largest private economic corporations in Vietnam" by 2025 and "To become one of the 10 best real estate developers in Southeast Asia" by 2030.
After nearly 15 years of operation, Dat Xanh Group now has more than 2,600 staff, 443% that in 2012 and a nationwide distribution network with more than 40 offices, 1,500 sales staff and hundreds of affiliates to be ready to become the leading developer in Vietnam and Southeast Asia.
Hue Chi - VNExpress.net