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What is an ESOP Policy and why do companies offer it?

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An Employee Stock Option Plan (ESOP) is a scheme that allows employees to own shares of the company they work for, usually at a discounted or pre-determined price. It is designed to align employees’ interests with the company’s growth and success by giving them partial ownership. Companies offer ESOPs to attract, motivate, and retain talent, as employees benefit directly when the comp... https://genzcfo.com/esop-policy

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