Rodney has just accepted a job offer and he already feels a sense of legal and psychological ownership in his new organization.What pay plan does Rodney's new organization offer employees?
A)Gain-sharing
B)Profit sharing
C)ESOPs
D)Skill-based pay
E)Lump sum bonus

Question

Quizplus · Accepted Answer

ESOPs (Employee Stock Ownership Plans) give employees a sense of ownership in the organization by providing them with stock or stock options. This creates both a legal and psychological sense of ownership in the company, aligning employee interests with the success of the organization.

Rodney Has Just Accepted a Job Offer and He Already