A type of organization-wide incentive plan which usually involves having a corporation contribute shares of its own stock to a trust, and distributes the stock to employees on retirement or separation from service, is referred to as a(n)

Question

Quizplus · Accepted Answer

The type of organization-wide incentive plan described is known as an employee stock ownership plan (ESOP). This plan involves a corporation contributing shares of its own stock to a trust, which distributes the stock to employees upon retirement or separation from service. This allows employees to have a vested interest in the success of the company and can potentially increase their motivation and productivity.

A Type of Organization-Wide Incentive Plan Which Usually Involves Having