Monday, August 29, 2011

ESOP as a Means to Motivate

I've read arguments for and against providing employees with stock. Personally, I'm in favor. You don't have to give up much to have it go a long way. Those who are truly aspiring entrepreneurs will leave regardless. But you can keep people on board longer and tap their efforts and creativity better when they feel they have ownership, however small. That's my personal opinion. Here is a video from an Inc 500 company founder who feels the same way...and put action behind it by creating an employee stock ownership plan (ESOP).


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