BDO Launches Stock Plan Giving 10,000 Workers Part Ownership (2)

BDO USA P.A. will give its more than 10,000 US workers the opportunity to earn a stake in the nation’s sixth-largest CPA firm, a first for the accounting industry’s top tier of firms.

The firm’s 860 shareholders voted Friday night to form a stock ownership plan, BDO confirmed Monday, in what it said would be one of the largest such employee stock plans in the country. Firm leaders shared details of the plan with staff on Monday morning.

“We are providing a benefit that no one else is providing. This is effectively a big increase that people are getting by ...