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ESOP vs 401k: Which One is Better?

HR Digest

Employers are often tasked with whether they should go for an ESOP or 401K plan since they are the most common. If you don’t want to delve into the whole ESOP vs 401K debate, then should you go for both an ESOP and a 401K? In this article, we cover the following to compare ESOP vs 401K plan: What is ESOP?

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Huawei: A Case Study of When Profit Sharing Works

Harvard Business Review

Such uneven wealth distribution has long been a topic of discussion in economic and policy circles, but it’s now increasingly common in the corporate world as well. At Huawei’s inception, Zhengfei designed the Employee Stock Ownership Plan (ESOP). The structure of the ESOP is based on two important premises.