An Employee Stock Ownership Plan (ESOP) is essentially a retirement plan. When an ESOP is formed, employees are allocated shares of stock in the company, making them employee owners. Being an employee owner means that you directly benefit from the company doing well and value of the company stock rising. This encourages employees to tackle problems head on and work as a team for the mutual benefit of all employee owners.
In my eyes, being an ESOP company is about opportunity. Employee owners are given the opportunity to learn, grow, and be an active participant in the overall success of the company. For me personally, it’s an opportunity to grow as a professional and strive to be my best on a daily basis. I try to reflect the company in a positive manner when I communicate with current and prospective clients in hopes that my contributions will help the company grow and benefit us all in retirement. I’ve always taken pride in my work and strived to be the best at what I’m doing, no matter what the task, and I believe that the ESOP encourages that attitude.
-Bryan Davis