Chief Investment Officer, President Keen Wealth Advisors Overland Park, KS, United States
So you're going to be an ESOP...how and what do you need to communicate to your employees to help them understand the ESOP, what it means to them, and how they can make a difference in their new company? This session will focus on four key areas of communication: 1) Announcement and excitement - what is an ESOP, what does it cost, what's in it for me, etc. 2) Reading and understanding the components of your ESOP statement, 3) Understanding your total benefits with an eye toward financial and retirement planning, and 4) Corporate financial literacy - how does my company succeed and how can I make a difference? NCEO Resource: The ESOP Communications Sourcebook
Learning Objectives:
Develop a basic understanding of the ESOP, its benefit to employees, and what needs to be communicated to demystify this new benefit
Learn what is presented on the typical employee statement
Identify what makes a company profitable, produces value, and impacts share price
