Empowering employees and driving success: The benefits of Employee Stock Ownership Plans
Since ESOP employees are owners of the company, they have an interest in seeing the company grow. 2. ESOPs provide employees with a unique opportunity to build their financial futures via the ESOP, which is an employee benefit plan. ESOPs often lead to a more long-term view of business decisions. Since employees are invested in the company's future, decisions are made with an eye on the long-term health of the organization.
Lambert, Hugh H. (2023). "Empowering employees and driving success: The benefits of Employee Stock Ownership Plans." Rochester Business Journal 39.18, 26-.
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