The ESOP Difference
As employee-owners at Fabricating Specialists, we have an important advantage over employees of traditional companies. We have significant influence on the quality and reputation of Fabricating Specialists' products and services. And Fabricating Specialists is potentially worth more because customers and investors realize that ownership gives employees incentive to work harder, produce better results, offer better services, and be more innovative. Becoming an ESOP in 1985, Fabricating Specialists laid down the foundation of a complete new thinking on how to go about business, affecting all aspects of the daily 'work' life and ownership culture of Fabricating Specialists' employees.
What an ESOP Could Mean To You
Let's think in relative terms. The more time put into the company you work for, the more you become invested and feel more a part of that company, but time is all you have invested and being a part of that company is just a feeling. Now let's take that situation into Fabricating Specialists as an ESOP company. The more time you put into Fabricating Specialists, the more you actually ARE invested, with stock and ownership of Fabricating Specialists. Managers and bosses are just as much 'workers' in ESOP terms as all other employees. In ESOP's we are all owners. So the more time you give to the company, the more ownership you literally have as a real investment in Fabricating Specialists.