Flomic Global Logistics Ltd Announces ESOP for its employees

India’s leading logistics service provider Flomic Global Logistics wants its employees to be their growth partners to instill a sense of ownership and incentivise its employees. The logistics solution provider has decided to offer ESOPs to its employees. With a service centred approach, the employees form the backbone of the organisation. The firm offers personalized and cost- effective logistics solutions to its customers.

Mr. Lancy Barboza the MD of Flomic Global Logistics said that it has been his cherished dream to reward his employees by way of ESOP for their hard work and long- term association with Flomic. ESOP will be a tool to motivate and retain employees and also to attract fresh talent into the Company. The ESOP will provide ownership and will also be an added retirement benefit to our employees, he added.

Freight Forwarding and Logistics is still a highly fragmented industry in India with a large number of small and mid-sized players, competing along with large Multinational Companies. While start-ups have been offering ESOPs to retail and attract talent, Flomic is among the few listed public companies who have offered ESOPs to its employees.

Headquartered in Mumbai, Flomic is a BSE listed Logistics Company offering end to end International Logistics solutions to its customers in India and worldwide. Company has PAN India presence and in-house IATA, MTO, Custom Clearance, Exhibition Logistics, Warehousing & Transportation services thereby offering “All Services under one roof” to its customers.

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