Besser is unique in many ways, however, being an employee-owned company is arguably the most notable. While having an Employee Stock Ownership Plan (ESOP) most directly impacts employees by adding potential for a boost in retirement funds, it also creates a positive impact on the customers we serve. Without question, employees (shareholders) at Besser are aware that their everyday decisions affect the company’s share value from year to year. Each time an employee helps to create innovative products, manufacture quality parts, offer reliable training and service, and provide the best overall customer experience, they create long-term, loyal customers. Customers create the revenue needed to keep our company successful and therefore more valuable to its shareholders. That value comes full circle and has proven beneficial for creating a proactive, customer-focused team. Adding to Besser Company’s uniqueness is the fact that all employees – those in international locations and those in unions – are all included in the ESOP. This isn’t typical for most ESOP companies, however, Besser recognizes that each employee plays a critical role in the success of the company and is acknowledged and rewarded as such.
October is recognized as Employee Ownership Month; a time to celebrate the incredible spirit of employee ownership and consequently a great time to educate shareholders about the tremendous benefits that ESOPS give. To celebrate, Besser is hosting a tailgate themed event at each location with great food, prizes, and educational opportunities. To learn more visit the ESOP Association.
