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.
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2022 MBA Brief - Last updated: 25-9-2022 - Privacy | Terms