Employee Stock Ownership Plans or ESOP is
basically a way in which employees of an injection molding company (or any
publicly traded company) can own a share of the organization they work for. It
is a qualified retirement plan, like a 401(k), that buys, holds and sells
company stock for the benefit of the employees, providing them with an
ownership stake in the company. Employees of injection molding companies are
notoriously hard working and loyal, what better way to reward their dedication
and years of service than with an ESOP.
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