Definition: an Employee Stock Ownership Plan is an organized employee-owner scheme for employees and/or managers to buy shares of their company's stock at a discount or otherwise attractive terms. Usually it is a tax efficient way to provide such motivational benefit. For the organization, an ESOP is a method to achieve employee ownership by allowing employees to participate financially in their own organization by becoming shareholders. |
More on retention: Bradford Factor, Brownout, Burnout, Employee Ghosting, Employee Loyalty, more on retention... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject. |
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