Guttman Energy Employee Stock Ownership Program

Author: Pam Corn   Date:

All About Guttman’s Employee Stock Ownership Program: What It Is, How It Works, and How It’s Driving Guttman Holdings to New Heights.

At this point, most of our partners and customers have heard: Guttman Energy, Guttman Renewables, and Source One have all united to form one new Company, Guttman Holdings, as part of our Employee Stock Ownership plan, or ESOP. However, there is still some confusion regarding what an ESOP actually is. This blog seeks to clear the air and explain the new processes of the ESOP, how it works, and why it is the best choice for Guttman Holdings.

What Is an Employee Stock Ownership Program (ESOP)?

Basically, an ESOP is a benefit plan that enables employees to own part—or all—of the company they work for. This happens when a company sets up a trust fund, allowing for the purchase of shares of the business by employees, thus, making employees part owners as well. This also means that upon leaving the company, employees receive money back for whatever their share is worth. 

What are the Benefits of ESOPs? 

ESOPs have shown an increase in employee satisfaction and retention, since they create more benefits and incentivize contributions towards the company’s success. This program mitigates issues regarding leadership succession, as well as cultivates a fair and less stratified company leadership model for all members of the organization to work under. 

How Does an ESOP Benefit Guttman Holdings?

At Guttman Holdings, the employee owners exemplify all of the advantages associated with ESOPs. The investment in the employees generates a renewed sense of commitment to the Company’s mission and has resulted in tangible improvements in all aspects of Company work. The Company has always gone above and beyond on behalf of our clients, however, since the implementation of the ESOP, there has been a restored responsibility to providing that customer service and maintaining a sense of accountability. To learn more about Guttman Holdings or the employee stock-ownership program, visit https://www.guttmanenergy.com/about-guttman-energy/.  

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As Director of Marketing for Guttman Holdings, I lead our advertising, digital marketing, branding, and public relations strategies, and share my expertise to communicate key messaging to all our stakeholders. With my diversified leadership background, I also drive innovation and cutting-edge business practice and results, to generate interest in Guttman Energy, Guttman Renewables, and Source One service offerings.

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