Employee Stock Purchase Plan: Difference between revisions
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**Sometimes referred to as an “Employee Stock Ownership Plan” or ESOP | **Sometimes referred to as an “Employee Stock Ownership Plan” or ESOP | ||
*An [[Employee Benefits]] system wherein Employees can Buy and/or Earn Stock in the Company | *An [[Employee Benefits]] system wherein Employees can Buy and/or Earn Stock in the Company | ||
*If designed right it can give employees ownership as they work for a company so they actively have a stake in what they make rather than producing labor for some other group | *If designed right it can give employees ownership as they work for a company so they actively have a stake in what they make rather than producing labor/value for some other group | ||
*Also given they then have some stakes in the company that may make them care for it a bit more, although goals of avoiding someone being tied to a job they don’t want to be, or the whole [[Morale Can Only Be Cultivated or Bought, Not Demanded]] etc also apply so there is a balance to be had there | *Also given they then have some stakes in the company that may make them care for it a bit more, although goals of avoiding someone being tied to a job they don’t want to be, or the whole [[Morale Can Only Be Cultivated or Bought, Not Demanded]] etc also apply so there is a balance to be had there | ||
Revision as of 18:52, 5 August 2025
Basics
- Often Abbreviated as ESPP
- Sometimes referred to as an “Employee Stock Ownership Plan” or ESOP
- An Employee Benefits system wherein Employees can Buy and/or Earn Stock in the Company
- If designed right it can give employees ownership as they work for a company so they actively have a stake in what they make rather than producing labor/value for some other group
- Also given they then have some stakes in the company that may make them care for it a bit more, although goals of avoiding someone being tied to a job they don’t want to be, or the whole Morale Can Only Be Cultivated or Bought, Not Demanded etc also apply so there is a balance to be had there
To-Do’s
- Can it be done with non-publicly traded companies (and ones that never plan on going public?, ie not an IOU for stock when it becomes available etc)
- Furthermore can this be done for Registered Nonprofits etc
- How can this tie into Workplace Democracy etc
- How to reduce/prevent accumulation of Stocks such that certain individuals could wield outsize influence, or relinquish their stocks to someone who would