ESOPs in Canada: How to Implement an Employee Share Ownership Plan to Grow and Exit your Business with your Legacy Intact

By Perry Phillips and Camille Jensen

Book Overview

Employee Share Ownership Plans (ESOPs) are a powerful tool in a world in which it is no longer business as usual. Whether you want to attract and retain skilled workers, create a succession plan for your business, combat the "brain drain," recognize employee contributions, or need a way to turn your company around through improvements in productivity and morale, an ESOP could be the win-win solution for your company. An ESOP is a formal plan that allows employees to purchase shares in the company they work for. Employees think and act like owners because they actually hold a very real stake in the company. Not only are ESOPs financially beneficial for employees; companies that offer these plans also reap tangible rewards in improved motivation, communication, productivity, and profitability.

• Format: Paperback
• Language: English
• ISBN: 1460226674
• ISBN13: 9781460226674
• Release Date: December 2015
• Publisher: FriesenPress
• Length: 318 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.7" x 5.0" x 8.0"