Thank you for explaining the ESOP shares!! My question is: Is it worth for an employee paying a large amount for ESOP shares or not? Do I understand correctly that you can only sell the ESOP shares or benefit from them when the company is resold? I would be grateful for your feedback!
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My banking job 401k offered ESOP shares in our investment options... i buy shares and get a NICE quarterly dividend... no complaints here 💯💯
That's not an ESOP that's an ESPP
Thank you for explaining the ESOP shares!! My question is: Is it worth for an employee paying a large amount for ESOP shares or not? Do I understand correctly that you can only sell the ESOP shares or benefit from them when the company is resold? I would be grateful for your feedback!
it starts to get payed out right before retirement I beleive.
If the company funds the esop with funds that other wise wouldve gone to pay employees bonus’s, would you be happy if you were an employee?
How much percentage does the esop bank keep.
whats the loan for?
So they can pay the people who they sold the company to. The intial owners.
Watch a recorded webinar on "Using ESOPs as a Hiring currency" Link: czcams.com/video/Bt0OgPt1yvs/video.html This webinar is helpful for those who want to determine whether an ESOP can be used as a hiring tool. from this webinar
You will gain a complete understanding of how ESOPs can be used for hiring the best talents.
This is a leveraged ESOP. What about an unleveraged ESOP?
Integrity
Partnering
Safety
Pursuit of excellence
Quality
Music was so loud I couldn’t hear you
Listen to her closely
ITS A FUCKING SCAM
so does the company become a worker coop?
No it's a scam