V

Vesting Period

Definition

The time an employee must serve in an organisation before gaining full rights to employer-provided benefits such as stock options or gratuity.

Context & Importance

Encourages employee retention and rewards long-term loyalty.

Use Cases

• 5-year vesting schedule for ESOPs
• Minimum tenure for gratuity eligibility

Related Concepts

ESOP, long-term incentives, retirement benefits.

TankhaPay Relevance

Track vesting schedules and notify HR and employees of approaching milestones.