What is the meaning of Sweat Equity Share?

Sweat Equity Share-

This shares are offered by the management to the employee of the organization.
Such shares are given for providing better service to the organization.
It enables to the company to create goodwill among employees.
It provide stock option scheme after approval from Board of Directors.
It determine on the basis of lock-in-period, if any, for the share given to the employee.
It helps the company for maintaining better labour management relationship.
It also enable the company to retain efficient employees.
Employees are responsible to get both salary and dividend both on their share.
But some employee in general dislike this idea because they prefer wages instead of ownership.