ESOPs have been found to be more resilient than non-ESOP companies in retaining jobs, benefits, and workplace health safety during economic crises and recessions. With the fallout from the COVID-19 pandemic still ricocheting through the global economy, establishing an employee stock ownership plan could be a good option for selling owners, companies and employees for the long-run.
Read MoreWhile ESOPs aren’t new and there are many benefits, they’re also complicated. ESOP professionals love to talk about complexity and cite obscure sections of law. We’re going to skip that. Here are the most important things you need to know about ESOPs.
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