According to Štefan Šurina, the founder of Eldison, employee stock ownership plans (ESOPs) not only help with employee recruitment but also increase motivation and transform employees into entrepreneurs.
In an interview for the CzechCrunch, Štefan discussed the topic of ESOPs and their benefits. He emphasized that ESOPs can be a valuable tool in recruitment, especially in the current competitive job market, as they offer a comparative advantage for startups in attracting and retaining quality talent, both locally and internationally. He also highlighted the motivational aspect of ESOPs, as employees who hold a stake in the company through ESOPs are more likely to work efficiently and with higher commitment due to their ownership mindset.
“The sooner the founders set up a basic and flexible model of employee shares, the less they will have work with it in the future” said Štefan Šurina in the interview.
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