When the agricultural company distributes its shares of stock to its employees, the scenario is known as Employee Stock Ownership Plan.
Employee Stock Ownership Plan is an example of benefit plan for the employee because the company gives its employees ownership interest in the company.
- The action for the Employee Stock Ownership Plan is to motivates, retain and rewarding its employees
In conclusion, when company distributes its shares of stock to its employees, the scenario is known as Employee Stock Ownership Plan.
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