From www.journalofaccountancy.com: (US context) Employee stock ownership plans (ESOPs) are gaining popularity among accounting firms, offering tax benefits and addressing challenges like succession and employee retention.

Firms like BDO USA and Grassi have adopted ESOPs, which incentivise staff by allowing them to gain ownership stakes, thus enhancing engagement and reducing turnover.

The transition to an ESOP is complex, requiring proper financial resources, expert guidance, and strong internal communication to maximize its benefits for both employees and the firm.