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Time to Sell Your Business? An ESOP May Be the Answer

Strategy Driven

It’s easy to start out as a solo practitioner and build a company as the skills from one’s career are directly transferrable, and overhead is quite low. Selling one’s company to an ESOP, an employee stock ownership plan, does just that. How does an ESOP work? What would this do to the company’s valuation?

ESOP 50
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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

Examples of these fringe benefits include: Retirement Plans Paid Vacation Gym memberships Meal subsidy Commuter Benefits Employee Stock Ownership Plan (ESOP) Advantages of Offering Fringe Benefits Employees feel valued if they are provided excellent benefits packages. Most of these fringe benefits are taxable, barring few exceptions.

ESOP 98
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Huawei: A Case Study of When Profit Sharing Works

Harvard Business Review

At Huawei’s inception, Zhengfei designed the Employee Stock Ownership Plan (ESOP). The structure of the ESOP is based on two important premises. This plan not only controls wealth gaps and allows employees to earn more, but also allocates more influence and authority to those who show strong skills.