Employee Stock Ownership Plans (ESOPs) allow workers to receive shares at discount as partial wage; the speaker previously participated in Cisco ESOP receiving 20% immediate income boost by contributing salary to discounted shares.

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Speaker

Unidentified Speaker — Post-Labor Economics Lecture 02 - "Economic Agency Paradox"… [99umv8qIWVo]

Evidence Quote

I did this when I worked at Cisco...I put like 20% of my my salary towards shares which I then got at a discount. So it was like an immediate 20% boost to my income

Source

Post-Labor Economics Lecture 02 - "Economic Agency Paradox" (2025 update)David Shapiro
Created: 8/11/2026, 7:28:39 AM

My Notes

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