 WHAT AN ESOP DOES
- Retains your best employees
- Attracts qualified recruits
- Raises equity capital
- Promotes succession planning
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 Incorporating as an employee-
owned worker co-op has been critical to our company’s growth. In all our big expansions our democratic ownership and investment model has helped us leverage the capital we need to grow our business. This has been a huge advantage for us. 
Terry Morash
Prairie Dog Magazine
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Enterprise Saskatchewan - Employee Investment Program (EIP)
This is a Saskatchewan-based program established to promote and encourage the development of employee share ownership plans in businesses within the province.
 An Employee Share Ownership Plan (ESOP) is a process which allows employees to purchase shares in their employer’s company. The province’s Employee Investment Program (EIP) provides an incentive in the form of a tax credit, to employees participating in an ESOP.
 The establishment of ESOPs is being promoted in Canada as a key solution to the brain drain of skilled workers to the US. Companies are reporting that having an ESOP in place is a key factor in the recruitment and retention of quality staff.
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 HOW TO GET STARTED
The Saskatchewan Economic Development Association (SEDA)
can assist Sask. businesses in working through the process of establishing an ESOP.
Simply contact SEDA for an ESOP Start-Up Kit and a copy of the EIP Procedures Manual.
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 BENEFITS OF AN ESOP
- Engaged employees
- Improved productivity
- Boosted customer satisfaction
- Shared profits
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