As a company founder, you're usually highly motivated to drive your "baby" forward. An Employee Stock Option Plan (ESOP) is sometimes required by investors to attract management and skilled personnel, prevent turnover, and encourage entrepreneurial thinking, motivation, and commitment. In addition to virtual stock options, there's also the option of establishing a pooled company.
The workshop provides recommendations for action on employee participation:
- What options are there?
- Why is direct corporate ownership not suitable?
- What impact do the various investment options have on the company?
- What costs are involved?
- Are there any tax advantages?
- Who should be involved?
