Employee stock ownership plans give employees part ownership of the organization, enabling them to share in improved profit performance.

Name: Employee stock ownership plans give employees part ownership of the organization, enabling them to share in improved profit performance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Employee stock ownership plans (ESOPs) allow employees to become part owners of the company and receive a share in its profits, which incentivizes them to work towards improving the organization's performance.

Employee Stock Ownership Plans Give Employees Part Ownership of the Organization