Dec 10, 2018
Employee stock ownership plans may perk up productivity
Nearly 7,000 businesses in the U.S. have employee stock ownership plans or ESOPs.
by Adrian Ma

Great Lakes Brewing in Cleveland, Ohio recently decided to give employees stock in the company.
Erik Drost/Flickr
Work at a company for a while and eventually own it … or at least a good chunk of it. That’s the idea behind Employee Stock Ownership Plans or ESOPs. Currently, a little under 7,000 businesses in the U.S. have them. And a recent survey by the ESOP Association suggests that the companies that do may see their employees become more productive as a result.