Employee Buy-In

I had an interesting meeting yesterday with the founder of a company that is now approx 1/3 owned by the employees via an ESOP.  In addition to the ESOP, he has also used the annual ESOP appraisal process to offer employees the opportunity to buy company shares directly, or sell their shares back to the company.  A 30-day window is open for this every year following receipt of the ESOP valuation report.

There is no minimum number of shares required to participate.  (Well, I guess we could say the minimum is ONE SHARE.)

Want to get more buy-in from employees?  Let them buy in!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: