“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.
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 you empower owners to step up, make their own decisions & pave their own path to success, you reinforce their value in the workplace.
This empowerment results in employee-owners taking full ownership of: