esop (Meaning)
Wordnet
esop (n)
a program under which employees regularly accumulate shares and may ultimately assume control of the company
Synonyms & Antonyms of esop
No Synonyms and anytonyms found
esop Sentence Examples
- The ESOP (Employee Stock Ownership Plan) provided a sense of ownership and long-term benefits to the employees.
- The company introduced an ESOP to align the interests of employees with those of the company's shareholders.
- Participation in the ESOP was voluntary, allowing employees to make informed decisions about their financial future.
- The ESOP trust held company shares on behalf of eligible employees, gradually distributing them over time.
- The ESOP allowed employees to accumulate ownership in the company without having to make significant upfront investments.
- The ESOP terms outlined vesting schedules, determining when employees gained full ownership of their allocated shares.
- Through the ESOP, employees could diversify their retirement portfolios by holding company stock.
- The ESOP arrangement provided tax benefits to both the company and participating employees.
- Employees who left the company before retirement could still benefit from the ESOP's long-term growth.
- The ESOP contributed to a positive work environment, fostering a sense of shared ownership and motivation among employees.
FAQs About the word esop
a program under which employees regularly accumulate shares and may ultimately assume control of the company
No synonyms found.
No antonyms found.
The ESOP (Employee Stock Ownership Plan) provided a sense of ownership and long-term benefits to the employees.
The company introduced an ESOP to align the interests of employees with those of the company's shareholders.
Participation in the ESOP was voluntary, allowing employees to make informed decisions about their financial future.
The ESOP trust held company shares on behalf of eligible employees, gradually distributing them over time.
