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Posted by Pamela Marcogliese, Elizabeth Bieber, and Shira Oyserman, Freshfields Bruckhaus Deringer LLP, on Saturday, July 6, 2024 Editor's Note: Pamela Marcogliese is Head of US Transactions, Elizabeth Bieber is a Partner, and Shira Oyserman is Senior Associate at Freshfields Bruckhaus Deringer LLP. This post is based on a Freshfields memorandum by Ms.
Looking to boost employee morale and motivation? Consider implementing an employee stock ownership plan (ESOP). In an ESOP, business owners allow employees to purchase or receive stocks in the company. This can provide employees with a substantial retirement benefit. As such, an employee stock ownership plan can foster commitment and trust within the workforce.
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