10 Benefits of Having an Employee Stock Purchase Plan
Employers have to constantly think of ways to retain their key employees. One of the ways to keep your workforce motivated and invested in your organization is to offer company shares. In one of our earlier blogs we have discussed various ways companies can offer shares to its employees and how it benefits them. You can find the link to that blog here . In this blog we are going to specifically talk about one such way i.e. Employee Stock Purchase Plan. In the current scenario, you have to develop effective programs as a human resources leader which attracts and engages the best talents you need. An Employee Stock Purchase Plan (ESPP) is one of the programs which can help you immensely in this mission. When the organizations develop the benefit packages in order to attract the top talent and remain competitive in the market, they need to have the right mix of the rewards which the employees want the most. If you don’t have an ESPP in place now, then you should k...