Today's show is the last in the Employee Capitalism Series. It is build on the assumption you have made the decision to create an ESOP over the other options for making your employees more than stakeholders, you are providing ownership opportunities.
Similar to a 401k, the employees are not just buying stock as you would through a broker. This is a decision to move fully without qualifications into employees owning some part of the company. The shares are not transferrable and bought back at retirement or departure from the company at an objective price. Many times these shares are not purchased but assigned and just like voting rights, this is an individual decision by ownership.
WHAT DO YOU NEED TO KNOW
WHAT DO YOU NEED TO DO
"The World of Business at Your Fingertips"
new choice for BUSINESS SEARCH