Employee education is necessary if an ESOP is to be effective.

Name: Employee education is necessary if an ESOP is to be effective.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Employee education is crucial for an ESOP (Employee Stock Ownership Plan) to be successful. Employees need to understand the benefits and how the plan works for them to fully participate and appreciate the value of the plan. Without proper education, employees may be disengaged or make poor decisions that could impact the success of the plan.

Employee Education Is Necessary If an ESOP Is to Be