Is it worth to enroll in share purchase plan ? New joiner here.and how much % need is advised to as contribution?

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Yes it is worth it, if u choose 3% , the company will also contribute 3% from there side. You can choose up to 10%, but the company will contribute a maximum of 3%

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Yes it is, the company will pay 3% for you and it's applicable only if you enrolled a minimum of 3%.

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If you ask me you have got no choice but to go for it, if you need additional compensation. But if given a choice I would like to have this compensation in bonus or monthly payouts as hardly these appreciate over short term. And it is very tricky to file taxes during share sales & any other remuneration arrising out of these shares. These are treated as Non listed Shares for Indian Jurisdiction. This is one of clever way of ensuring competitor cannot acquire CGI easily, indirectly having promoter interests protected (Godins Family). If management wanted to give a fair share of pie to employees it should have allotted RSUs wherein employees are hardly not required to contribute anything or very less in many cases. CGI shares are purchased at market price so hardly you gain anything at time of sale in short term

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