ESOP
- noun
- /ˈiːsɒp/
- Specialized
- Putting labor and management on the same side, say, in an ESOP, sounds good on paper.
- ESOP (Employee Stock Ownership Plan)
- ESOP (Employee Stock Ownership)
- ESOP plan
Examples
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ESOPs can be a great approach for many business owners to have a controlled exit from their business.
Blog text (13) -
The ESOP approach encourages individuals to invest only in the firm that employs them.
Academic text (1996) -
The ESOP is often a second retirement plan that can help employees build savings for their future.
Blog text (13) -
The ESOP lets a business owner exit on their terms.
Blog text (13) -
She works for an ESOP company and they just recently got bought out by another company.
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Similarly, they could use a partial ESOP to generate liquidity to finance retirement needs.
Blog text (13) -
Peter Kiewit, the original owner, set up an Employee Stock Ownership Plan (ESOP) to run the paper after his death.
Blog text (23) -
The companies typically share ownership and profits with employees through ESOPs (Employee Stock Ownership Plans) and other approaches, and engage in purposeful activities in order to enhance the well-being of other stakeholders and the environment.
Academic text (2016) -
A quarter of them offered ESOPs. Comparing ESOP-participating firms with conventional firms, on average, ESOP companies experienced higher five-year profit growth, higher net profit margins, higher productivity, higher return on average total equity, and a higher return on capital.
Academic text (1996) -
The employees voted to implement an ESOP so they could share in the company's profits and have a stake in its future.
Synonyms
A program that lets employees buy or get shares in their company to become part owners
Surface Forms
Etymology
The word ESOP comes from the first letters of Employee, Stock, Ownership, and Plan. It literally names a 'plan' that gives 'employees' company 'stock' so they can 'own' part of the business, which is why an ESOP is a program for workers to earn shares and sometimes take control of the company.