Tag: NATIONAL CENTER FOR EMPLOYEE OWNERSHIP
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The Rise of Employee Ownership: Findorff Leads Through ESOP Transition
Findorff, a Milwaukee construction company, has transitioned to employee ownership through an Employee Stock Ownership Plan (ESOP), allowing employees like Mike Smarelli to become shareholders. This trend is rising nationally, as shown by the establishment of over 200 ESOPs in Wisconsin. ESOPs promote employee retention and enhanced retirement savings, benefiting local businesses and communities. In…