Roeslein & Associates is celebrating National ESOP Month as it nears the end of its fifth year as an employee-owned company. ESOP Month is an opportunity for ESOP companies across the United States to educate its employee-owners and the public about the many benefits of employee-ownership.
In January 2014, Roeslein transitioned into an ESOP company and has grown to include 400 plus employee-owners. Through organic growth and its integration of Pride Conveyance’s employees, Roeslein has added 165 employee-owners this past year.
“In the short time that we have been a part of the ESOP program, we can already see its benefits at Pride Conveyance. Joining this program has created a culture of pride in our workmanship. We know that our hard work is not only helping the bottom line but it’s benefiting our employees financially.” Ben Roland, Information Technology Manager, Pride Conveyance.
In the first five years of being an ESOP company, Roeslein has seen a positive effect spread throughout its offices, as well as, a sense of ownership among its employee-owners. This momentum has pushed Roeslein towards many successes.
This year, Roeslein announced a new organizational structure to provide clients, employees, and vendors with a seamless transition of leadership while also positioning itself for continued growth across all of its divisions. In addition to the acquisition of Pride Conveyance, Roeslein launched a Lifecycle Support division that includes a Global Parts and Support platform that strategically placed Roeslein in the market to provide a consultative approach to lifecycle management. Brian
Sneed, President and COO commented, “Without the hard work and dedication of our employee-owners, these growth initiatives would not have been possible.”
Sneed went on to say, “It’s hard to believe that we are nearing the 5th anniversary of the inception of our ESOP program. The past five years have marked the most successful years of our company’s 30-year history. I credit this success to the quality of the products and services that our employee-owners deliver to our valued clients. The most exciting part being that I firmly believe we are only just beginning to see the true impact of what it means to be an employee-owned company. I’m confident that the best is yet to come.”
Roeslein has taken this month as an opportunity to not only celebrate its employee-owners, but to further educate them on what employee-ownership means and the culture behind it. Roeslein has encouraged its employees to participate in all ESOP Month events and activities as it celebrates the momentum and prosperity Roeslein continues to gain as an employee-owned company.