https://www.mondaq.com/unitedstates/employee-rights-labour-relations/1688966/the-rising-case-for-esops-a-powerful-and-time-tested-succession-alternative-with-growing-support-in-washington-and-the-private-sector

"According to an independent study, young adults working at companies with ESOPs have an average household net worth 92% higher and salary income 33% higher than their peers at companies without ESOPs. Employees also stay with the company longer: companies with ESOPs have lower turnover, were three to four times more likely to retain staff during COVID-19, and show lower bankruptcy rates during economic downturns."