A form of compensation,a(n)______ makes employee part owners of the organization.
A) commission pay plan
B) employee stock ownership plan
C) merit pay plan
D) variable pay plan

Question

Quizplus · Accepted Answer

An employee stock ownership plan (ESOP) is a form of compensation in which employees are given shares of ownership in the organization. As part owners, employees are often motivated to work harder and more effectively since their individual success is tied to the organization's overall success. ESOPs are often attractive to both employers and employees since they provide tax benefits and can serve as a retirement benefit for employees.

A Form of Compensation,a(n)______ Makes Employee Part Owners of the Organization