SG Analytics Announces Profit Share Plan for Its Employees
May 24, 2021
Research and analytics firm SG Analytics (SGA) has announced a ‘Profit Share Plan’ starting this year. According to the plan, all the company’s more than 650 full-time employees will be covered under either the Profit Share Plan or the Employee Stock Option Plan. This inclusion will be in addition to its existing compensation structure.
SGA is a people-first company. In line with this philosophy, starting this year, we are initiating a company-wide profit share plan wherein, based on certain criteria, a share of profits of the company are going to be distributed evenly across all the employees. I am particularly excited about this plan because it helps the employees achieve the liquidity which an ESOP plan does not do.”
“Also, very importantly, the profits will be distributed evenly across all the employees, irrespective of the seniority, effectively making them owners of the company. The objective of this initiative is to empower and motivate every member of the SGA family to work towards taking the SGA success story to greater heights and grow and prosper together,”
“In the last one year, we have fielded many unexpected curveballs but have ensured resilience through the extensive adoption of technology and open channels of communication across the board, to ensure business continuity for our clients and ourselves. We have witnessed a growth of 30 per cent in FY20-21 and, through it, all, the safety, health, and wellness of all our employees have been paramount for us.”
The company has also announced that all full-time employees of SG Analytics and their immediate family members will be covered under company-sponsored medical health insurance, according to a statement.
All employees will also be covered under the group personal accidental plan for up to three times their remuneration. During the 2020 lockdown alone, the company claims to have onboarded over 200 professionals through its virtual onboarding process.
Besides over 650 full-time employees, the company also has about 250 consultants.
About SG Analytics
SG Analytics is a leading global data solutions firm providing data-centric research and contextual analytics services to its clients, including Fortune 500 companies, across the Financial Services, Technology, Media & Entertainment, and Healthcare sectors. Established in 2007 and a Great Place to Work certified company, SGA has over 1600 employees and has a presence across the US, the UK, Switzerland, Poland, and India.
Besides being recognized by analyst firms such as Gartner, Everest Group, and ISG, SGA has been part of the elite Deloitte Technology Fast 50 India 2024 and APAC (Asia Pacific) 2025 High Growth Companies by the Financial Times & Statista.
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