What is the difference between stock options and employee stock ownership plan (ESOP)?
A.Stock options carry significant risk whereas ESOPs are risk-free.
B.Stock options are usually used with top management whereas ESOPs are provided to all
employees.
C.In stock options, stocks are placed into a trust whereas ESOPs give employees the right
to buy a certain number of shares of stock.
D.Under stock options, employees can sell their stocks whereas ESOPs do not allow
employees to sell their stocks.
E.Earnings from stock options are exempt from income taxes whereas earnings from
ESOPs are taxable.
Answer:
Discuss the role of theAge Discrimination in Employment Act (ADEA) in employee
benefits packages?
Answer:
A small company that manufactures special-order wood furniture has kept its employees
busy on a 40-hours-a-week schedule for the past two years. The company just received the
largest contract in its history from a Saudi Arabian company, opening offices in the area.
The company does not expect repeat business. In order to complete the contract in the
