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Will all of my employees become owners if I sell the business to them?

Published on 2025-02-17 | Last edited on 2025-02-17
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Grid Insight

Short Answer

ESOP's are required by regulation (ERISA) to be broad-based

For worker co-ops, there is typically a probationary period before which a new hire has the opportunity to apply to become a worker-owner

In an EOT, the trustee is a fiduciary agent on behalf of all employees.

#EO Comparison

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