|Definition||:||Employee Stock Ownership Plan|
|Category||:||Business » Business Terms|
What does ESOP mean?
Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan which is intended to encourage employees to acquire stocks in the company. ESOP is beneficial to both the employees and the company. ESOP provides employees tax benefits and a sense of ownership which will lead to increased productivity and profitability.
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||ESOP||European Symposium on Programming|