SME Bucks Trend with ESOP C-MAC GWP Magazines Dec (2011)
Succession Planning is the number one issue among business owners, and when asked what keeps you up at night, owners stated that employee engagement, or lack thereof was a major concern. Employee Ownership Share Plans (ESOPs), otherwise known as employee share schemes are a vehicle to successfully exit your business and simultaneously improve employee engagement. The benefits of employee engagement, as Steve Grlyak from C-Mac Industries stated “People are now saying ‘us’ instead of ‘me’…” This change in thought has been found to improve efficiency, increase motivation and reduces staff turnover.
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