Answer Posted / nandhini
ESOP means Employee stock ownership plan
An employee stock ownership plan (ESOP) is a way in which
employees of a company can own a share of the company they
work for. There are different ways in which employees can
receive stocks and shares of their company. Employees can
receive them as a bonus, buy them directly from the company,
or receive them through an ESOP.
An ESOP is similar to a profit-sharing plan. A company
sets up a trust fund, into which it contributes either new
shares of its own stocks or cash to buy existing shares.
Another version of the ESOP borrows money in order to buy
existing or new shares. In this case, the company makes cash
contributions to the plan in order to repay the loan.
The main purpose of an ESOP is to reward and motivate
employees. They are also used to provide a market for
departing owners of successful companies. In most cases, an
ESOP is given to an employee, rather than purchased by an
employee.
| Is This Answer Correct ? | 12 Yes | 0 No |
Post New Answer View All Answers
Hi All If any one of you wanna banking related interview preparation then contact me on pksingh1512@gmail.com. Currently i am located in Navi Mumbai-Vashi
i am preparing for BOB PO exam.......so i need last five year question paper with solved answers.also tell how to prepre for exam....and also suggest the material for PO exam...kindly send it to my id:kowsi_tech@yahoo.com.kindly send it as soon as possible..
i want descriptive paper asked frequently in bank po exams
Hi i am priya i have applied karnataka bank Po officers exam let me know what is the syllabus for that exam if anyone attended send me the pattern.
i have been shortlisted for syndicate bank's asstt marketing manager interview. please help with some interview questions.
Hi I got selected for ICICI PO INTERVIEW(1/3/11) Pls Help me what kind of Questions i may face. I completed MCA. "How can I survive well in Business field?" pls guide me for answering this Question....Thanks in advance
hi friends Any one has given LIC Assistant Exam Previously which was held on 2009?Is there any negative marking? Please answer this question those who have given this exam.
i appeared for andhra bank po interview recently.i scored 159/250 in ibps in gen category.i have 4 yrs banking exp in sbi as clerical staff.with jaiib.but my interview was not so good.wat r my chances to get selected
hi i am shortlisted to assistant manager in idbi bank..could u help me how to prepare for dat
Hi I have been selected for central bank of India Po.My interview is on 23 nov 2010.I have done B.E.(CS) in 2007.I have one year experience but for 2 yrs i dont have experience also I am not doing any job.Will they reject me.also please tell me some technical questions that they can ask me.
Dear sir .... please send me 2007,2008 RBI 's exam paper and please give me some suggestion on how to prepare the general awareness portion,if possible please give me some study material for the general awareness portion for this year's exam.......
Has anyone any idea about when will be the UCO Bank PROBATIONARY OFFICERS (PO) interview when exam help ON 30 Jan 2011. anyone got call letters or email ?
sir i have cleared the written test of ibps held for the post of po. but i have not recieved my score card due to insufficient address. i called ibps office and they told that they will send the score card again but till now they havnt informed me again. are there are any chances of getting the score card back??
well friends hello to everybody i have been selected for state bank of hyderabad as po.i also qualified for sbi interview for po.any idea what topics to prepare for GD specially for PO(rural business)
What is the role of RBI ?