In today's competitive business landscape, companies are turning to Employee Stock Ownership Plans (ESOPs) to attract and retain talent, fostering an ownership mindset.

We draw some insights from an e-commerce brand builder that recently completed a company-wide ESOP buyback.

Our guest JJ Chai, Co-founder, Rainforest, shares the benefits, mechanics, considerations, setup procedures, potential drawbacks, implications for departing employees, and tax aspects of ESOPs.

We unpack of that in our weekly Biz-How-To segment where we share this guide for businesses considering this employee-centric approach.