All employees participate in the results of their efforts through the beneficial ownership interest in the Employee Stock Ownership Plan (ESOP). Our ESOP puts the ownership and control of the company in the hands of employees. The work ethic, dedication, productivity, and attitude of employees translates into enhanced bottom-line results.
According to the University of Pennsylvania's Center for Organizational Dynamics study entitled "Effects of ESOP Adoption and Employee Ownership: Thirty Years of Research and Experience," employee-owned companies experience increased productivity, profitability, and longevity. At Holden, we are on course to grow in all those areas.