Orange and Wanadoo offered incentive to stay

By Suzanna Kerridge, 12 June 2000 12:40

NEWS France Telecom's Orange and Wanadoo employees are to be offered stock options as an incentive to stay. For the first time in the telco's history, staff will be given the option to buy shares in the company's Internet and mobile activities when they float at the end of the year. A spokeswoman said: "In the areas where the market is fast moving and we have to be competitive, we will offer incentives as a tool to keep our talent and skills." However, the terms and conditions of the offer have yet to be decided, she added. France Telecom declined to comment on whether the incentive would be offered to other divisions within the company.

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