Say what you will about personal enrichment and career development; a financial motivator can never be ignored. At IDR, we offer both a competitive 401k plan and an ESOP (employee stock ownership program) as a way to motivate our candidates and invest in long-term outcomes.
Let’s dig into a few benefits of employee ownership for IT staffing:
Offering an ESOP elevates the future potential team members see from day one. A shareholder and stock option beneficiary is someone who is no longer looking at just the day-to-day and week-to-week “to-do” lists. No more punching in, punching out, and moving on, with their expiration date rapidly approaching.
A share-holding team member looks at a company’s long-term growth and success in which they hold a financial stake. They see the role they play in that success and are eager to continuously improve the company because as the company benefits, so do they.
The shortcut to bypassing the “job” mindset and activating a career powerhouse player is to grant ownership. A team member who’s invested in the bigger picture transitions from a drone to a needle-moving, positive influence that is a force for good in the company.
They feel a heightened sense of connection and responsibility for the company overall, which translates into greater personal investment and performance—better customer service, fewer call-outs, and greater collaboration. They’re more invested as time goes on because they know their skill, time, energy, and focus will improve their financial benefits later.
When team members are allowed to adopt an owner’s mindset, they begin to see things from an elevated perspective. Rather than going through the motions, every decision they make is an opportunity to improve how the company operates and what it’s capable of. Fresh ideas and innovative solutions abound among financially invested team members who aren’t just passing the time.
At the IDR IT staffing agency, we’re putting our money where our mission is to go above and beyond by empowering talent and developing leaders to deliver best-in-class solutions with an ESOP for all vested candidates. Learn more about what that looks like here.