ESOP Employee Communication
An effective communication program is the key to employee “buy-in” in the ESOP process. And without employee buy-in an ESOP company will never realize its full potential.
Innumerable academic studies have conclusively demonstrated that ESOP companies outperform similar non-ESOP companies as a result of the employees having a stake in the company’s financial success. However, this does not happen just as a result of a company adopting a plan. Success requires a well-designed explanation of what an ESOP is, how it works and how it can benefit employees and their families. This message must be delivered on a methodical basis.
Our clients tell us that the communication strategies we design and implement are invaluable tools in building their ESOP culture.