“With ownership comes the challenge to each employee to get engaged in what they do at a high level. I want people to take responsibility for the company, since they own a piece of it and benefit from the success they helped create.” – Jeff Hamilton, CEO
In 1999, through an Employee Stock Ownership Plan (ESOP), ESP International was sold to its employees. In an ESOP, employees receive shares of the company — not any outside investor. By 2012, employees owned 100% of the company.
What Does That Mean For You – The Customer?
You get our best, each and every day.
We answer to you and ourselves rather than outside shareholders.
All 200+ of ESP’s employee-owners are committed to providing the best service and striving for the best results for our customers – not only because of each person’s individual stake in the company but because we all truly believe in our company, in our culture.
What Does That Mean For Our Employees?
Employee-ownership does not automatically create a remarkable culture. Ownership is a remarkable centerpiece but requires everyday nurturing to help build and maintain a culture where employee-owners understand their value.
When we empower owners to step up, make their own decisions & pave their own path to success, we reinforce their value in the workplace.
This empowerment results in employee-owners taking full ownership of: