Advocate

(Your Company) Sponsors Employee Ownership Through an ESOP

(City, State) (Date): (Company) is (percentage of company stock vested in ESOP) % employee-owned through an Employee Stock Ownership Plan (ESOP).

Founded in (year), (Company) is a (describe your company’s line of business), and is proud to be a part of the (line of business/relevant trade) industry. 

Many companies opt to sell stock to an ESOP when the current owner is getting ready to retire.  For (Company), it was the perfect succession plan: the employee owners were willing buyers and the former owner was pleased to share the wealth with the employees who worked so hard to make the company successful.

As a result, the ESOP has had an overwhelmingly positive effect on the company, creating broad-based ownership among all employees, and fostering an environment in which everyone understands his or her role in helping the company achieve its bottom line.  Research has proven over and over that employee ownership builds successful, competitive companies, and creates equitable wealth for employees.  It has been shown that ESOP companies pay better benefits, have twice the retirement income for employees, and pay higher wages than non-ESOP companies.

(Insert quote from company representative here.)

Perhaps more remarkable among ESOP companies, both in the (line of business/relevant trade) and beyond, 84% of ESOP companies agree the ESOP improved motivation and productivity.

For additional information, please visit (insert company website information).

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