• Learn More About All Of
    WET's Services Here. Download Scope of Services >

  • October is Employee Ownership Month

    ADDED BY WET Team ON

     

     

    Putting the WE in WET—What Employee-Ownership Means to Us

     

     

    As we celebrate Employee Ownership Month, we reflect on what it means to be an employee-owner and work for a company that is 100% employee-owned.

     

     Casselbury (2018) states, “An employee-owned company plan is more commonly referred to as an ‘employee stock ownership plan,’ but the name conveys the right message: In an ESOP, the employees are given stock in the company as part of compensation for working at the company, making those employees shareholders in the company.” There are many advantages to both a business and its employees when A company becomes an ESOP.

     

    Learn what being an employee-owner means to us:


      

     

    References

     

    Casselbury, K. (2018). How Does an Employee-Owned Company Work? Chron. Retrieved from https://smallbusiness.chron.com/employeeowned-company-work-44184.html