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Profit Sharing Boosts Employee Productivity and Satisfaction

Harvard Business Review

For instance, individuals who become part of all-employee share ownership plans (ESOPs) are given tax breaks to own their company’s stock. The introduction of ESOPs changed the equation by giving employees a financial stake in their firm that came with voting rights and opportunities to participate in company governance.

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Treat Employees Like Business Owners

Harvard Business Review

Employee loyalty and engagement are hot topics, and for good reason. And companies — except for the very smallest — can implement an employee stock ownership plan (ESOP), often funded through borrowing. ” You can imagine what all this does for employee loyalty and commitment.

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