Asked by Ashley Sanchez on Jul 12, 2024
Verified
Employers use stock ownership incentive plans to increase employee "ownership" in the company.
Stock Ownership Incentive Plans
Programs designed to give employees the opportunity to buy or receive shares in the company they work for as a form of incentive.
- Acquire knowledge about the significance of stock ownership plans in encouraging employee participation in the achievement of company goals.
Verified Answer
EM
Ekran MohamedJul 14, 2024
Final Answer :
True
Explanation :
Employers use stock ownership incentive plans to offer employees the opportunity to purchase company stock at a discounted price or to receive stock grants as a form of compensation. This can motivate employees to work harder and contribute to the company's success, as they feel more invested in the company's performance.
Learning Objectives
- Acquire knowledge about the significance of stock ownership plans in encouraging employee participation in the achievement of company goals.
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