Employee Stock Ownership Plans Increase Customer Satisfaction
Siggins is proud to be one of approximately 11,500 companies in the United States owned wholly, or in part, by its employees. Employee Stock Ownership Plans (ESOP's) in place in the U.S. cover 10 million employees (10% of the private sector workforce). Employee-owned companies have been shown to provide superior customer experiences across many industries.
Research indicates that ESOP implementation results in more information sharing, increased communications, and involvement in decision-making for employee owners.
Siggins is committed to serving customers' needs with state of the art material handling solutions.
Some of the largest ESOP companies are:
- Publix Super Markets, Inc., Lakeland, FL
- Proctor & Gamble Co., Cincinnati, OH
- The Sherwin-Williams Company, Cleveland, OH
- Anheuser-Busch Companies, St. Louis, MO
- Amsted Industries, Chicago, IL
- Parsons Industries, Pasadena, CA
- Lifetouch, Inc., Eden Prarie, MN
- Brookshire Brothers, Lufkin, TX
- Ferrell Companies, Liberty, MO
- W.L. Gore Associates, Newark, DE
Employee Owner remarks, "Being a part of the SJE ESOP means I have a definite and direct stake in the success of everything that happens."
"Working for an ESOP company enables me to work side-by-side with committed co-owners. I feel the commitment from fellow employee-owners to do the best job that they can results in high-quality products and excellent service for our customers on a daily basis."
"As employee-owners, my fellow employees and I have a vested interest in the success of the company."
