At Esco Retail, all employees are constantly driven to work hard. The company places maximum emphasis on stocking high quality goods and providing high quality service to retain the edge they have in the retail industry. To promote organizational commitment further, employees are incentivized by enabling them to purchase company shares at below-market prices as a part of their benefits. This mode of providing incentives represents the use of ________.
A) flexible benefits plans
B) merit-based plans
C) modular plans
D) employee stock ownership plans
E) core-plus plans

Question

Quizplus · Accepted Answer

The mode of providing incentives described in the paragraph is employee stock ownership plans (ESOPs), in which employees are incentivized through the opportunity to purchase company shares at below-market prices.

At Esco Retail, All Employees Are Constantly Driven to Work