:Different offers equity to all Colombo-office staff | Sunday Observer

:Different offers equity to all Colombo-office staff

27 December, 2020
The :Different team
The :Different team

From January, :Different Technologies, one of Australia’s new global startups, is offering all permanent employees equity in the firm, which is backed by Australia’s largest VC firm AirTree Ventures, and Silicon Valley’s Foundation Capital.

The company is taking this decisive step because it believes that investing in its employees and ensuring their stability and security is not only the right thing to do, but also a smart business decision.

“Particularly in the uncertain economic climate that has arisen in the aftermath of Covid-19, we want our employees to think like owners,” said Co-founder of :Different, Ruwin Perera.“We have built our company around people, and we want those people with us for the long run. Offering all our employees equity in our firm is a chance for us to let them grow with us, like our investors,” he said.

:Different’s Country HR Business Partner, Kalpika Abayasekera said, “We felt it was absolutely necessary to reward the team that has been through the growing pains of a start-up. These shares are issued on a four-year maturity which also encourages the team to see their tenure as quite literally a long-term investment.”:Different recently reaffirmed its commitment to Sri Lanka by doubling its stake in the country through a multi-million dollar investment in its Colombo office.

This move strengthens the regional office by adding senior personnel and moving key operational functions, including real-time customer management, customer experience, maintenance and supplier relationships to Sri Lanka.