Which of the following statements is true of the stock-purchase plans offered by a company?

A) It is offered only to the senior managers and the top executives of the company.
B) It is used more as a performance incentive than as a retention tool.
C) It is an individual incentive system.
D) It is applicable to employees only if they remain with the company for a specified period of time.

Stock-Purchase Plans

Corporate programs allowing employees to buy shares of the company's stock, often at a discount, as part of their benefits.

Performance Incentive

A reward system designed to enhance motivation and improve worker productivity by providing bonuses or other benefits linked to achievement of specific goals.

Retention Tool

Strategies or practices employed by organizations to keep valuable employees and reduce turnover.