Happy Employee Ownership Month to all who celebrate! Here at Holbrook & Manter, that is all of us! 100 percent ownership of our firm was transferred to our employees via an Employee Ownership Stock Plan (ESOP) in 2020.
An ESOP buys, holds, and sells company stock, providing employees with an ownership stake in the company as well as an additional form of compensation linked to the success of the company. Holbrook & Manter is proud to be a pioneer of this type of ownership plan in the accounting industry and continues to take pride in giving team members a true stake in the future of the firm.
Holbrook & Manter Principal, Mark Welp, shares, “”The benefits we are able to offer our employees through our employee stock ownership plan are attractive, lucrative and motivating. We are all collectively invested in the success of the firm and enjoy collaborative, employee-centered decision making.”
To learn more about Employee Ownership month, visit the ESOP Association website here: