Employee Ownership

ESOPs, ESOs, and ESPPs: the acronyms might look confusingly similar, but there are major differences between the workplace offerings.

There are two types of vesting schedules that businesses can use when allocating equity. Small business owners should remember that vesting is a strategic tool that aligns company success with employee retention and financial interest.

There are many reasons companies implement ESOPs. One of the most important is that these plans help align owner and employee incentives. At its core, an ESOP is a way for employees to own a stake in the company they work for, creating a powerful sense of partnership and commitment between them as workers and their employers as shareholders.

Employee ownership is often misunderstood, especially when it comes to applications within small businesses. This blog highlights the truths and myths of employee ownership, especially as it relates to phantom stock.

The concept of employee ownership is meant to give staff a stake in a given business. But why should business owners consider investing in employee ownership in the first place?