Argus Partners Announces New Equity Compensation Structure
We are pleased to inform that Argus Partners has transformed its equity partnership structure into a ‘Modified Lockstep’ model. The lockstep model adopted by the Firm is based on the principles of transparency, fairness and clarity in progression. The model aims to be open, performance driven yet, accommodative and serve as an instrument of good governance for the Firm.
The rationale behind adopting the lockstep model by the Firm is to permit its partners to accelerate their career progression while ensuring adequate support to their respective professional objectives.
The structure would enable the Firm to compensate its partners based on merit and performance. Further, the structure also aims to be empathetic towards situations beyond the control of the partner or personal exigencies and other circumstances like maternity and childcare.
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