A variable pay plan in which a corporation annually contributes shares of stock which are then distributed to employees when they retire or leave the company is known as a(n):
A)individual stock option plan.
B)profit-sharing plan.
C)flexible benefit plan.
D)employee stock ownership plan.

Question

Quizplus · Accepted Answer

An employee stock ownership plan (ESOP) is a program that provides a company's workforce with an ownership interest in the company, often through the allocation of stock shares, which are distributed to employees upon retirement or departure from the company.

A Variable Pay Plan in Which a Corporation Annually Contributes