scorecardresearchWhy are ESOPs becoming more popular in startups?

Why are ESOPs becoming more popular in startups?

Updated: 12 Apr 2022, 10:15 AM IST
TL;DR.
When a corporation or a startup picks ESOPs, they are aiming for two main goals: to give workers company shares as a bonus or reward for their great work, and to inspire them to contribute to the company's success.
When a startup decides to implement an employee stock ownership plan, they have two major goals in mind - to give workers company shares as a reward and to make the company grow.

When a startup decides to implement an employee stock ownership plan, they have two major goals in mind - to give workers company shares as a reward and to make the company grow.