Employee Share Ownership Plans (ESOPs)

Employee Share Ownership Plans (ESOPs) are programs that give employees the opportunity to own shares or stock in the company they work for. This aligns employees' interests with those of the company, as they can benefit from the company's growth and success through the value of their shares. Typically, employees earn shares over time or as part of a compensation package, which can be sold or retained depending on the plan. ESOPs encourage motivation, loyalty, and a sense of ownership, fostering a collaborative effort toward the company's long-term performance.