Employee share ownership plans (ESOP):
A)include any arrangements where a share of company profits is put aside and distributed to a designated group of employees.
B)pay employees a bonus based on the amount of labour or materials costs they save the company.
C)calculate pay by the number of units produced by the employee.
D)All of the answers are correct.
E)None of the answers apply.

Question

Quizplus · Accepted Answer

ESOPs specifically refer to programs that provide employees with ownership interest in the company, typically through stock options or shares, not profit-sharing, cost-saving bonuses, or piece-rate pay.

Employee Share Ownership Plans (ESOP)