In a(n) __________, employees are rewarded by being given company stock or by being allowed to purchase it at a price below market value.
A) single payoff
B) employee stock ownership plan
C) gain-sharing plan
D) individualized payoff
E) lump sum increase

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. In an ESOP, companies provide their employees with stock ownership, often at no upfront cost to the employees. ESOPs are used by companies as a corporate finance strategy and also to align the interests of their employees with those of the company's shareholders.

In A(n) __________, Employees Are Rewarded by Being Given Company