ESOPs in Canada: How to Implement an Employee Share Ownership Plan to Grow and Exit your Business with your Legacy Intact

Employee Share Ownership Plans (ESOPs) are a powerful tool in a world in which it is no longer business as usual. Whether you want to attract and retain skilled workers, create a succession plan for your business, combat the "brain drain," recognize employee contributions, or need a way to turn your company around through improvements in productivity and morale, an ESOP could be the win-win solution for your company. An ESOP is a formal plan that allows employees to purchase shares in the company they work for. Employees think and act like owners because they actually hold a very real stake in the company. Not only are ESOPs financially beneficial for employees; companies that offer these plans also reap tangible rewards in improved motivation, communication, productivity, and profitability.

Author: Perry Phillips, Camille Jensen
Publisher: FriesenPress
Published: 12/21/2015
Pages: 318
Binding Type: Hardcover
Weight: 0.95lbs
Size: 8.00h x 5.00w x 0.75d
ISBN13: 9781460226667
ISBN10: 1460226666
BISAC Categories:
- Business & Economics | Decision Making & Problem Solving
- Business & Economics | Reference | General

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