Equity Bank excites staff with fresh share reward plan

Equity Group Managing Director and CEO Dr James Mwangi at the Equity Centre in Nairobi on Monday, October 25, 2021. PHOTO | DENNIS ONSONGO | NMG

Equity Group plans a fresh employee share ownership plan (Esop) as it moves to attract and retain its employees after dropping plans for such a scheme 3 years ago.

Equity Group chief executive James Mwangi said on Wednesday the lender will seek shareholder approval for the scheme whose final details are being discussed.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.