ELI5: Explain Like I'm 5

Employee stock ownership

Employee stock ownership is when a company gives its employees shares of stock in the company. This means that the employees have ownership in the company, which means they can make decisions about the company and can benefit from any profits the company makes in the future. It also means that the employees have a financial stake in the success of the company, so they are more likely to help it succeed by working hard and doing good work.