Page 19 - Q3_2017_REI_Corp_Newsletter
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5 REASONS
IT'S GREAT TO WORK FOR AN
ESOP COMPANY!
1 Job Security 4 incredible growth PotentiAl
The value of the ESOP is dependent on the
Research studies consistently show that
employee-owned companies perform better success and profitability of the company, so
than companies that are not employee owned. the value of ESOP shares can fluctuate over time.
If the company does especially well, there can be
incredible share value increase year-to-year. Over
2 More. (t.e.A.M.) time, ESOP allocations can add up to large numbers.
together. everyone. AchieveS.
Plus, unlike a 401(k), employees do not contribute any
Employees tend to work harder when they’ve of their own money towards their ESOP, so anything
got some “skin in the game.” Being able to directly they receive is extra and at no cost to them.
benefit from the overall success and profitability of
the company adds significant financial motivation to
team. This synergy creates a far more rewarding work 5 rAre benefit
work harder, think creatively, and work efficiently as a
There is no such thing as a perfect job or a
environment. perfect company, and you’ll likely experience
ups and downs no matter where you work. An ESOP
is an amazing benefit that is incredibly rare to come
3 More retireMent ASSetS by, as there are only approximately 10,000 ESOPs in
place nationwide.
Most companies offer their employees a
401(k). Rosendin offers their employees a
401(k) in addition to their ESOP retirement savings Information obtained from the ESOP Association (www.esopassociation.org)
plan. Employees of ESOP companies tend to have far
more in retirement assets than workers in comparable
non-ESOP companies.
Know Where to Go
for All Things ESOP
Visit the Rosendin Intranet and click on ESOP
in the menu bar.
QUESTIONS?
Contact your local Communications Committee Member
or an ESOP Trustee.
Q3 2017 | The Feeder 19