Employee Share Ownership Plans (ESOPs) are playing an increasing role in promoting employee ownership and economic inclusion, while also helping companies meet Black Economic Empowerment (BEE) goals. While ESOPs give employees a stake in the business, aligning their interests with its success, structuring an ESOP is complex.
Here’s what you need to consider before getting started:
Moneyweb interview: How can Employee Share Ownership Plans (ESOPs) go beyond ticking the compliance box and become a true driver of economic growth? The key lies in aligning employees, managers, and shareholders to create meaningful, long-term value across industries. Bruce Hunt explores this topic with Jeremy Maggs on Moneyweb.
Published in the Daily Maverick: South Africa’s new Government of National Unity presents a significant opportunity to drive policy that encourages more employee share ownership. Employee share ownership has been a successful element of black economic empowerment (BEE) and almost universally accepted by all political parties and stakeholders, including the ANC, organised labour, large business and the DA, as set out in its 2019 election manifesto.
