ABRC-ESOP
Thursday, August 16, 2007
How Can I Use ESOP to Attract Quality Employees?
Evan L. Rhodes: Many companies use ESOPs as another benefit they can offer in a competitive labor market. Companies with a 401(k) use the ESOP as one more lure. Many employers tout the fact that they are employee-owned in their recruitment ads and corporate web sites. Generation-X’ers don’t work for just a paycheck; they want an equity stake in something they are helping to build.
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