Acme Global gives its employees stock in the company at the end of each year.The stocks go directly into the employees' retirement accounts as part of the organization's __________ plan.

Question

Quizplus · Accepted Answer

The described plan involves giving employees stock in the company, which is a characteristic of an Employee Stock Ownership Plan (ESOP). This is different from profit sharing, which distributes a portion of the company's profits to employees, and stock purchasing, which allows employees to purchase company stock. Stock options involve giving employees the right to purchase stock at a specific price, and exit pay is a form of severance compensation given to employees who are leaving the company.

Acme Global Gives Its Employees Stock in the Company at the End