01
Open enrollment.
Employees elect to participate in the ESPP during your standard open enrollment window and choose to use Cashless Participation®.
Product · Cashless ESPP®
ESPPs that
everyone can
afford.
Enable every employee to participate in your stock purchase plan - regardless of their ability to afford payroll deductions. Same plan. Dramatically higher participation.
Request a demoFour steps to
universal participation.
02
Pool capital.
Employees contribute what they can afford, Carver Edison covers the rest via our patented Cashless Participation® technology.
03
Buy at discount.
Shares are purchased at the end of the purchase period at the applicable discount. The employee receives the benefit of the plan - lookback, discount, and all.
04
Distribute shares.
Shares are delivered to the employee's brokerage account with enough shares automatically delivered to Carver Edison to repay the Cashless Amount.
Participation made possible
Every eligible employee. Every country. Same plan.
Cashless ESPP® removes the single biggest barrier to ESPP participation - the ability to afford the required payroll deductions. When affordability is no longer a barrier, participation jumps from an industry average of under 30% to over 90% in a single enrollment period.
Treasury control
Dilution and cash limits
that you control.
Cashless ESPP® is not a fixed structure. Carver Edison executes a blend of treasury issuance and open-market purchases on every purchase date - matched to the cash and dilution targets your Treasury team sets.
Dial one way
Minimize dilution
to the company
100% open-market purchase
- Zero incremental shares issued from treasury
- Shares sourced entirely from the open market
- Best fit if treasury prioritizes share-count discipline over cash
Dial the other way
Maximize cash
to the company
100% share issuance
- Company retains maximum cash from share purchases
- New shares issued to fund your plan
- Best fit if treasury wants to fund growth or offset buybacks
88%
more likely to recommend their company as a great place to work
86%
say Cashless Participation matters more than other company benefits
96%
Net Promoter Score
Source: 2025 Carver Edison ESPP Survey Data
Inclusive by design
Lower-earning employees use Cashless ESPP® at 8.6× higher rates.
Removing the payroll funding barrier fundamentally changes who participates. Employees earning under $150k - those who would most benefit from ESPP - use Cashless Participation® than they would with payroll deductions alone.
+8.6x
Average participation lift for employees earning under $150k
16.4x
Participation likelihood for employees earning under $50k
The comprehension stack
The employee education system
that works for your team.
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01
Awareness
Campaigns that reach employees before the window opens. First impressions shape participation, so we set the stage early.
02
Foundation
Clear guides and visual explainers that answer why before how. Employees who understand the benefit are far more likely to use it.
03
Walkthrough
On-camera explanations of the discount, the lookback, and the cashless mechanic. Some things are just easier to watch than read.
04
Personal Math
A calculator built around each employee's actual salary. When the outcome is personal, the decision becomes clear.
05
Physical Presence
Signage and materials for break rooms and workspaces. Meeting people where they are, not just where they're supposed to be.
06
Always-On Reference
A plan portal with their details, FAQs, and enrollment status. Available whenever they need it, not just once a year.
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“
I will get more stock without reducing my paycheck so it's a no brainer.
— Michael B., New York
“
I want to build wealth, and this is an easy to understand win-win.
— Carolina N., Illinois
“
I just started my first full-time job after school and want to make good decisions with my money. This is it.
— Keertana S., California
Integrations
Works with your
existing setup.
Carver Edison connects to the equity administrators, HRIS, and payroll systems already running across your organization. Configured by our team with no disruption to your existing workflows or data pipelines.
Browse all 80+ integrations
Bring us your plan.
We'll find the savings.
Our customers have unlocked $500M+ in savings - without changing their comp philosophy or reducing value to employees. See your number — your peer group will wonder how you did it.