Small businesses give employees a share of ownership in the business through:

Question

Quizplus · Accepted Answer

Employee share ownership plans, also known as ESOPs, provide employees with the opportunity to become partial owners of the company through purchasing shares of stock. This gives employees a vested interest in the success of the company and can be a powerful motivator for performance and productivity. Profit plans, group incentive plans, and action-sharing plans may all provide financial incentives for employees, but they do not grant ownership in the same way as ESOPs.

Small Businesses Give Employees a Share of Ownership in the Business