Employee Ownership

Employee Share Ownership Plan (ESOP)
An Employee Share Ownership Plan (ESOP) is a program that provides a company's employees with shares in the company. The ESOP purchases these shares with the assistance of the sponsoring company, and shares are allocated to employees who meet specific performance criteria.
Employee Stock Ownership Plan (ESOP)
An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company. Through ESOPs, companies provide their employees with stock ownership, often at no upfront cost to the employees. ESOPs are used by a broad variety of publicly traded and closely held companies.
Save-As-You-Earn (SAYE)
A Save-As-You-Earn (SAYE) scheme is an employee savings plan common in the United Kingdom that encourages savings and offers employees the opportunity to acquire company shares through payroll deductions.
Share Incentive Plan (SIP)
A Share Incentive Plan (SIP) is a tax-advantaged share scheme introduced by the British government to encourage employee ownership in participating companies. Under such a plan, a trustee acquires and holds shares for the benefit of employees, providing significant tax advantages under predetermined conditions.
Share Incentive Plan (SIP)
A Share Incentive Plan (SIP) is a tax-advantaged employee share scheme that allows employees to purchase or receive shares in the company they work for, promoting employee ownership and aligning their interests with shareholders.
Share Incentive Scheme
A share incentive scheme is a program designed to reward employees with company shares upon reaching certain performance targets, fostering ownership and motivation within the workforce.
ShareSave (Savings Related Share Option Scheme)
An approved share option scheme established by an employer for the benefit of executives or other employees. HM Customs and Revenue has detailed rules regarding the income tax and capital gains tax chargeable to individuals benefiting from such a scheme.
Stock Purchase Plan
A Stock Purchase Plan is an organized program allowing employees of a company to purchase shares of its stock, often at a discounted rate. This is typically considered an employee benefit, especially if the employer matches the employee's stock purchases. Such plans aim to align the interests of employees with those of shareholders, promoting a sense of ownership within the company.

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