4min chapter

The Ownership Economy cover image

Episode 055 - Steward-Ownership, Purpose-Trusts, and Exiting to Community with Zoe Schlag, Co-Founder and Managing Partner at Common Trust

The Ownership Economy

CHAPTER

The Challenges of ESOPs

ESOPs are a direct share ownership program for employees to participate in. An employee participating in an ESOP program at their company will have shares in the company. And then they are able to realize that liquidity either when they retire or when they leave the company. There's been one of the challenges, I think, to the space scaling. Just because of the heavy administrative overhead that comes with the operating and administering an ESOP is pretty expensive.

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