Abstract

The case examines the emergence of ESOPs as an employee retention tool across the world in the late 20th century. The case discusses the concept of ESOPs and explores its efficacy as a retention tool. The impact of the technological downturn on the global corporate world, the stock market, has been, discussed in detail. The case also illustrates how ESOPs were used in some organizations for increasing employee productivity and controlling turnover. It also discusses various other employee retention tools that can be adopted by organizations for employee retention.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• ESOPs as a tool for employee retention.

Keywords

ESOP, employee retention, tool, 20th, efficacy, retention tool, technological downturn, corporate world, stock market, increasing employee productivity, controlling turnover