Exploring Employee Stock Purchase Plans (ESPPs): Pros and Cons

Employee Stock Purchase Plans (ESPPs) are a popular benefit offered by many companies. These plans allow employees to purchase company stock at a discounted price, usually through payroll deductions. While ESPPs can offer numerous advantages for employees, it is important to understand both the benefits and potential drawbacks before deciding to participate. In this article, we will delve into the basics of ESPPs, explore their advantages, discuss potential drawbacks, and provide important considerations for those considering participating in these plans.