Employee stock ownership plans may perk up productivity

Adrian Ma Dec 10, 2018
HTML EMBED:
COPY
Great Lakes Brewing in Cleveland, Ohio recently decided to give employees stock in the company. Erik Drost/Flickr

Employee stock ownership plans may perk up productivity

Adrian Ma Dec 10, 2018
Great Lakes Brewing in Cleveland, Ohio recently decided to give employees stock in the company. Erik Drost/Flickr
HTML EMBED:
COPY

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. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.