What Are The Benefits of ESOPs?

What is ESOP? An employee stock ownership plan (ESOP) is a type of employee benefit plan that gives employees stock ownership in the company. Employee stock ownership plans encourage employees to give their all because the company’s success translates into financial rewards. When a company or a business attains complete maturity and becomes a full-fledged … Read more

How Much Money Does The Average College Student Have In Their Bank Account?

How much money does the average college student have in their bank account? Most of the students have $51,500 in their bank accounts. 399 responses from students in 82 schools. The majority of students (23% of respondents) reported having $51,500 in their bank account. This is a very small amount and can definitely be a … Read more