Multiple choice general knowledge

What benefit did the Peninsula Newspaper Group offer its employees , way back in 1957?

  1. Home for Employee

  2. Bonus 5 times

  3. Employee Stock Option Plan

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Employee Stock Option Plans (ESOPs) began in 1956 with Louis Kelso's implementation at the Peninsula Newspaper Group in 1957, making it an early adopter of this employee benefit that gave workers ownership stakes in the company.

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