Employee Stock Purchase Plans (ESPPs)

An Employee Stock Purchase Plan (ESPP) is a company program that allows employees to buy shares of the company’s stock, often at a discount. Employees typically contribute through payroll deductions to accumulate funds for purchases at specific intervals. This plan can encourage employees to invest in the company, aligning their interests with those of shareholders. ESPPs may also offer tax advantages, depending on the specific plan structure and local regulations. Overall, ESPPs can be a valuable benefit, providing employees with the opportunity to share in the company’s growth and success.