Basics

Often Abbreviated as ESPP
- (Might actually be different things, need to look into this further!, read at your own peril!) 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
’’’Clear up ESOP vs ESPP Confusion’’’