Benefits of ESOPs

Once you have developed and implemented a successful Employee Share Ownership Plan for your company you will start to see the positive impacts of the ESOP.

As invested stakeholders, employees will take on more responsibility and commitment and treat your company as their own—greatly benefiting culture, output, and profitability. ESOPs also present the opportunity for owners to plan their succession in such a way that preserves legacy, lays the foundation for sustained success, and establishes retirement security.

In Canada, 40% of Profit Magazine’s 200 Fastest Growing Companies have ESOPs

Positive Impact from ESOPs 
Companies with ESOPs have highly engaged workforces
When Recruiting ESOP companies receive 3.5 times more applications than non-ESOPs
Employee Ownership Plans are used as a competitive advantage by 75% of ESOP companies (ESOPs as an Attraction and Retention Tool)
Turnover is significantly reduced (by up to 200% – NCEO data)
Productivity, employees are more engaged and have 20% higher performance scores
Absenteeism is significantly less
Customer loyalty: ESOP companies report 2 times the level of customer loyalty
Reduces the gender and racial wage gap as seen in the 2019 Rutgers – Kellogg Study (view the press releaseview the full report)

Did You Know?
It is estimated that over 11,000 American companies and 10 million employees have implemented share ownership plans including Microsoft, Hewlett-Packard, Proctor & Gamble, Cisco, Intel, Xerox, Motorola, Merrill Lynch, and many other influential and industry-leading companies. Contact us directly to learn more about ESOP benefits and what it could do for your business.