South Africa, Jan. 28 -- 1. The rise and rise of ESOPs

Employee share ownership plans (ESOPs) are effective transformation strategies and will continue to gain momentum as more companies witness their success.

Internationally, ESOPs are seen as best practice for incentivising employees, driving productivity, and fostering alignment among stakeholders. Locally, the Competition Commission is encouraging the adoption of ESOPs for multinationals' transformation.

Institutions, including the Gordon Institute of Business Science, have introduced specialised ESOP courses, further highlighting the growing impact of these structures in corporate South Africa.

ESOPs offer a win-win solution for both companies and employees, delivering benefits i...