We're rolling out an employee stock option plan so people who join us are given the opportunity to participate in the equity of the company. (canadianbusiness.com)
In the stock - option section of the NCEO site, you'll find an essay explaining the differences between an ESOP and options, «A Tale of Twin Acronyms: An Employee Stock Option Plan Is Not an ESOP.» (inc.com)
Very often you'll see this as part of a 401k plan or employee stock options plan and it can be a great addition to any benefits package. (novelinvestor.com)