When you’re trying to increase employee satisfaction, you don’t have to look too far for one solid way to do it: an Employee Stock Purchase Plan (ESPP). An ESPP makes it easy for employees to invest in their futures, save more overall – ESPP participants save on average an additional 6.3% of salary in their ESPP1 – and often get a tax break too.
ESPPs and equity compensation in general can pay big rewards for your business as well. Companies that offer equity compensation can better attract and retain employees. In fact, employees who take advantage of their company’s ESPP are nearly 3 times more likely to feel loyal to their employer and to feel more financially confident.2 In a recent survey of employees at publicly traded companies that offer equity compensation, 42% of respondents said it inspired them to work harder for their company.2 In our latest infographic, find out what an ESPP can offer your company beyond employee benefits, including:
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