Abstract
This particular essay paper has been written to represent the Employee Stock Ownership Plan (ESOP) and its effectiveness. Significantly Employee Stock Ownership Plan (ESOP) has its definite purpose for the employees such as multi-taskers who want to strengthen the financial position of their own as well as their organization simultaneously. Employee Stock Ownership Plan (ESOP) is a process that has been described in this paper clearly to understand the definition of it. At the same time the rules and regulations of Employee Stock Ownership Plan (ESOP) has been narrated. Eventually thorough descriptive discussion has been made to find out the uses of ESOP and the major effectiveness of it. Also the limitations of ESOP have been presented to understand every aspect of Employee Stock Ownership Plan (ESOP).
