TRIVIA QUESTIONS ABOUT ESOP - Sharing new ideas to help ...
ESOP BASICS
1.
-----------------------
( What is ESOP?
✓ ESOP is a Retirement Plan
✓ ESOP stands for “Employee Stock Ownership Plan”
( How do I enroll in the Plan? What is the cost for the employee?
✓ Employees are enrolled automatically (no paperwork is necessary)
✓ Mission automatically enrolls you in the Plan on Jan-1st or July 1st (after 1 year of employment and 1000 hrs worked.)
✓ No cost from employees at all. Everyone that qualifies will get stocks.
( How does ESOP work?
✓ Employees are part owners of the company
✓ Mission is 60% ESOP means that 60% of the company is owned by Mission employees
✓ Employees receive a Certificate of Ownership every year in June
✓ The certificate states the number of company stocks and the value of those stocks
( How is the number of stocks I receive determined?
✓ The number of stocks depends on each employee’s salary
✓ The higher the salary the more stocks the employee receives a year
( How is the value of the stocks determined?
✓ The value is the price of each stock
✓ The value of the stocks varies every year and it depends on how well the company did the year before
✓ The value of the stocks determines the worth of the company and it is determined by an independent company
✓ The value of the stocks will increase when company income increases and/or expenses decrease
( What can we do to make the stocks increase in value?
✓ PEOPLE make companies succeed and prosper
✓ Abide by our company values: Quality - Teamwork - Integrity - Service
✓ Reduce waste at all levels in the organization
✓ Attract the best qualified new hires employees that fit with our Company values and stay with Mission long term
✓ All of the above will attract new customers.
ALWAYS REMEMBER AND SAY IT TO YOURSELF:
“Own a Part of Mission.”
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- trivia questions about healthy eating
- trivia questions about exercise
- trivia questions about summer
- 50 trivia questions about exercise
- personal trivia questions about yourself
- trivia questions about springtime
- trivia questions about spring printable
- easy trivia questions about spring
- trivia questions about health
- easy trivia questions about flowers
- trivia questions about inventions
- trivia questions about inventors