Employee Share Ownership Plans (ESOPs)

Employee Share Ownership Plans (ESOPs) offer a wide range of benefits for both business owners and employees, making them an effective strategy for long-term success.

• Employee Engagement: Empower your employees to participate in the long-term growth of your business.
   
• Succession Planning: Seamlessly transition ownership while maintaining business continuity.
   
• Attract & Retain Talent: Use employee ownership as a powerful tool to attract and keep top talent.
   
• Recognize Employee Contributions: Reward your team for their dedication and contributions to your success.
   
• Financial Literacy & Awareness: Enhance employee understanding of business performance and financial health. (Financial literacy workshops available)
   
• Business Growth & Stability: Boost profitability as employees become more committed to the company’s success.
   
• Flexible Ownership Transition: Establish a foundation for ownership transfer, including third-party sales and founder legacy.
   
• Access to Capital: Raise capital through financing options available via chartered banks.
   
• Proven Impact: According to the National Center for Employee Ownership (NCEO):
   
  • ESOP companies experience reduced employee turnover and receive more job applications.
     
  • ESOP participants have double the retirement savings at retirement compared to non-ESOP retirees.