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ESOP - Employee Stock Ownership Plan

ESOP - Employee Stock Ownership Plan
Dec 12, 2019 · 7m 44s

What is an employee stock option plan? It’s a plan where a firm will allow employees to buy shares of their company through their payroll, effectively taking some money off...

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What is an employee stock option plan?

It’s a plan where a firm will allow employees to buy shares of their company through their payroll, effectively taking some money off every single month off your paycheck, going directly to buy outstanding units of shares.

Generally, a company will float additional units for this purpose. They'll know how many staff are doing this. They will issue shares and then you get to buy them.
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Author Rob Tetrault
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