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By instituting an ESOP, we are working to integrate shared ownership into our culture. This means that each employee assumes the attitude of an owner in their work with clients and with other employees. This approach is radically different from that of consulting firms which use a "partner" model of ownership. By being co-owners at all levels of the organization, our employees take responsibility for the success of the whole firm today, not just their individual success. By nature we're a group of people who speak up. Being a co-owner only encourages us to be candid when it comes to the best interests of our firm. If you become a co-owner with us, we'll want the contribution of your ideas too.
A benefit to employees
To own stock in the company, the plan requires that you be an employee. Most employees own our stock through the ESOP (you are eligible for the plan after one year of employment with us). The plan sets up a trust to acquire and hold our stock for employees until they leave service with the company, for example, upon death, retirement, disability, or separation. When they leave service their vested shares are acquired from them, based on their most recent appraisal. We are always looking for outstanding people to join us and contribute to the success of our company. Of course, no one can guarantee future results or the worth of our stock. Yet we have every expectation that your employee investment in our company through our ESOP will prove financially rewarding.
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