Employee Stock Ownership Plan, Employer, Employment Agency :




Employee Stock Ownership Plan : any programme that is designed for encouraging the employer of a company to buy the company’s stocks so as to make every employee interested in the company’s success : This plan is brought into action by payroll deduction or loans backed by the company and in extreme cases by giving an opportunity to the employees to control an ailing company



Employer : an individual or an organisation that appoints or engages other people to work for wage or salary



Employment Agency : a public or private organisation that has the speciality to match workers with the available jobs : Generally, the private agencies need the job seekers to enter into a contract with them and pay a sum as a fee for their services




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