Employee stock ownership plans (ESOPs) provide considerable employee incentive and increase employee involvement.

Question

Quizplus · Accepted Answer

ESOPs provide employees with a stake in the ownership of the company, which can motivate them to work harder and be more invested in the success of the business. Additionally, ESOPs often include opportunities for employees to participate in decision-making and contribute to the company's direction, further increasing their involvement.

Employee Stock Ownership Plans (ESOPs) Provide Considerable Employee Incentive and Increase