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Staff stock options plan can help bridge the wealth gap
Employee Stock Options Plans are not only an incentive to retain employees buy also a good way to bridge the gap between the highly paid staff and those of the lower cadre. FILE PHOTO | NMG
Remember when they said that a rising tide lifts all boats? Well, that wasn’t entirely true. Africa had some of the fastest growing economies in the world posting an average of 5.4 percent of gross domestic product (GDP) growth between 2000 and 2010, adding about Sh7.5 trillion annually to GDP.
McKinsey Global Institute even described the potential and progress of African economies as “Lions on the move”. But that growth failed to translate into lower rates of poverty.
