Research suggests that employee stock ownership plans encourage employees to develop

Question

Quizplus · Accepted Answer

Employee stock ownership plans (ESOPs) help employees feel a sense of ownership in the firm they work for, leading to greater commitment and motivation. This is because they have a stake in the company's success, and therefore, are more likely to work hard and contribute to the company's overall productivity. ESOPs do not necessarily encourage employees to have an interest in gainsharing, concern for their retirement plan, lack of interest in their job, or little interest in unions.

Research Suggests That Employee Stock Ownership Plans Encourage Employees to Develop