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Numerology information Esop:
Name Number: 1 Meaning: Individual, Masculine, Logic, Self, Active, Leadership, Initiative, Assertive
Definition funny of Esop:
(BUSINESS) Employee stock ownership plans are qualified retirement plans designed to invest in the stock of the companies that adopt them. The idea is that by participating in these plans, employees become, over time, owners of their own employers. However, in most cases employee ownership does not translate into employee control. ESOP's are usually set up as an employee benefit trust; the employees' retirement pension fund is invested in shares of the company. ESOP contributions are tax deductible, so the company basically gets a tax break for its employee benefits. The downside of this is that the employees are totally dependent for their retirement on a single company, rather than many (as with an ordinary pension plan).
In 1974, the US Congress passed ERISA. This imposed rules for the organization and vesting of pension plans. It established rules for setting up an ESOP. Eventually, thousands of ESOP's were set up. Sen. Russell Long (D-LA) managed to use his senior position and powerful connections to push for laws that promoted ESOP's. The immense tax advantages caused ESOP's to be widely adopted. Later, those provisions were eliminated but the ESOP's remain.
Books about Esop:
The ESOP Coach: Using ESOPs in Ownership Succession Planning by Kelly O. Finnell (2010)
S Corporation ESOPs, 3rd Ed. by David Ackerman, Kathryn F. Aschwald, Barbara M. Clough and Renee Lewis (Mar 31, 2008)
Leveraged ESOPs and Employee Buyouts, 6th ed. by Vaughn Gordy, Neal Hawkins, Mary Josephs and William Merten (Apr 5, 2013)
Understanding ESOPs by Corey Rosen and Scott Rodrick (Jul 1, 2013)
The ESOP Communications Sourcebook by Paul Horn, Linshuang Lu, Alex Moss and Corey Rosen (Apr 15, 2014)
ESOP Workbook: The Ultimate Instrument in Succession Planning by Robert A. Frisch (Jun 5, 2013)
ESOP: The Ultimate Instrument in Succession Planning, 2nd Edition by Robert A. Frisch (Sep 28, 2001)
Movies about Esop:
ESOPs - The Ultimate Way to Finance a Company -
Wiki information Esop:
An employee stock ownership plan is an employee-owner method that provides a company's workforce with an ownership interest in the company. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost to the...
The esophagus or oesophagus, commonly known as the foodpipe or gullet, is an organ in vertebrates which consists of a fibromuscular tube through which food passes, aided by peristaltic contractions, from the pharynx to the stomach. In humans, the...