FOR IMMEDIATE RELEASE: 3/13/2017
Liddy Romero, Executive Director
WorkLife Partnership
720.519.3056
INNOVATIVE WORK INCENTIVE PRACTICES WEBINAR
Employee Stock Options Programs and Employee Buy-in
Denver, Colorado: Looking for new ways to foster engagement among employees and bolster the growth of your company? WorkLife Partnership is hosting their third webinar in their Innovative Work Incentive Practices Webinar series on Monday, March 27th 2017 that will highlight how to do just this. Ken Baker, CEO of NewAge Industries, and Jeff Johnson, a Product Group Leader, will share their experience in successfully implementing an Employee Stock Option Program.
NewAge Industries manufacture one of the broadest product lines of tubing, hose, and fittings in the U.S. They attribute a large part of their success to becoming an employee owned company in 2006. This ESOP (Employee Stock Ownership Plan), involved selling 49% of the company, via shares of stock, to the employees as part of their retirement benefits. The result? NewAge Industries now has a loyal workforce that is paying more attention to efficiencies, and thinking creatively about how to be on the cutting edge. Learn how the ESOP initiative evolved from an idea to reality – including the challenges, the impact and the specific steps you can follow to learn more.
This webinar will include:
Closer look at NewAge Industries
Overview of the benefits or work incentives they offer
Overview of Employee Stock Ownership Plan Program (i.e.,set-up, impact, etc.)
Challenges of ESOP Program (i.e., fostering ownership mindset among employees, gain-sharing, etc.)
How to measure the impact of incentives (i.e., surveys, retention/turnover, etc.)
Employee Perspective
Practical next steps for setting up an ESOP
Whether you’re a small start-up or a large organization, an ESOP may be a great option for you. Sign up here to reserve your spot today.
About WorkLife Partnership: Denver-based WorkLife Partnership pushes to enhance the lives of people at work for a more prosperous community. Their model is being adopted across the nation for its efficacy in engaging human capital, protecting the bottom line and building more inclusive workplace cultures.
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