What is meant by EBT in Employee Benefits?

[alexx]

Maybe you've heard the acronym EBT and you're asking what does EBT mean in business. EBT full form is Employee Benefit Trust. But EBT what does it mean beyond the abbreviation? An employee benefit trust can be used as part of a company’s employee reward or ownership strategy. A trust can, for instance, own company shares or other property on behalf of employees on certain conditions. Knowing what are employee benefit trusts can benefit employers in understanding how these trusts can aid in retaining their employees, incentivising their employees and encouraging long-term employee involvement.