An employee stock ownership plan is an employee-owner program that provides a company's workforce with an ownership interest in the company. In an ESOP, companies provide their employees with stock ownership, often at no upfront cost to the employees. ESOP shares, however, are part of employees' remuneration for work performed. Shares are allocated to employees and may be held in an ESOP trust until the employee retires or leaves the company. The shares are then either bought back by the company
The Plan of Action and Milestones (POA&M) is a remedial action plan (the process of accepting or resolving a risk) which helps the agency to identify and assess information system security and privacy weaknesses, set priorities, and monitor progress toward mitigating the weaknesses.4 A
A plan is typically any diagram or list of steps with timing and resources, used to achieve an objective. See also strategy. It is commonly understood as a temporal set of intended actions through which one expects to achieve a goal. For spatial or planar topologic or topographic sets see map. Plans can be formal or informal: 1  Structured and formal plans, used by multiple people, are more likely to occur in projects, diplomacy, careers, economic development, military campaigns, combat, sports, games, or in the conduct of other business. 2  Informal or ad hoc plans are created by individuals in all of their pursuits.