When ESOPs work, they work well. But some say reforms are needed.
Employee-owned stock option plans, or ESOPs, are an important part of the American economic landscape. About 7,000 American businesses have ESOPs, and roughly one out of every 12 workers participate in some form of employee-ownership plan.
New white paper: Employee Stock Ownership Plans: Are They Worth the Risks?
Employee Stock Ownership Plans, or “ESOPs,” are retirement plans that invest in employer stock. They are growing in popularity not only because they receive tax benefits that are not available to other types of retirement plans, but also because of their philosophical appeal: they let the employees own part or all of the company that […]