SCENARIO 5-1
Your corporation has decided to let employees purchase stock in an employee stock ownership plan (ESOP).Each employee will have the opportunity to have a certain percentage of his or her pay put into an account to purchase stock in the company.
An ESOP is part of the employee benefit program.

Question

Quizplus · Accepted Answer

An ESOP is indeed part of the employee benefit program and provides employees with an opportunity to purchase company stock as a form of investment.

SCENARIO 5-1 Your Corporation Has Decided to Let Employees Purchase Stock in Stock