Let’s Chat: Exploring Your Account Value Pt. 1 with Chris and Emily
Description
Every business model has nuances, and employee ownership is no exception.
Have you ever wondered how shares are allocated and what influences their value, or how to understand the value in your ESOP account?
In this episode, Chris Fredericks, CEO of Empowered Ventures, and Emily Bopp, Chief of Staff at Empowered Ventures, discuss the details of how shares are allocated, determining their value, and what a “benefit level” truly is.
We want you to walk away feeling empowered as an employee and equipped with an understanding of the “why” behind the world of ESOP.
In this episode, you’ll learn:
- Understand how the number of shares in your ESOP account is decided and why it's distributed over time.
- Discover the concept of benefit level, which reflects the percentage of your compensation reflected in your ESOP account value.
- Learn about the annual addition of shares and how they accumulate over the years.
Jump into the conversation:
[01:29 ] What influences account value?
[03:01 ] How shares are decided
[04:15 ] Distribution of shares
[06:47 ] What is a benefit level?
[13:28 ] Part 2 sneak peek