In a world where companies often prioritize profits over people, we really focus on employee empowerment and shared success. The Employee Stock Ownership Plan (ESOP) at IDR has created a culture of dedication, commitment, and pride among our employees.
An Employee Stock Ownership Plan (ESOP) is a mechanism through which employees are granted ownership interest in the company in the form of shares of stock. It’s a testament to the belief that the people driving a company’s growth and innovation deserve to share in its prosperity. At IDR, this ethos has been embraced since 2010, allowing employees to earn shares of company stock by simply being part of the IDR family.
The ESOP brings both immediate and lasting advantages to employees. In the short term, it instills a culture of collective impact, where every action contributes to the company’s growth. This sense of responsibility nurtures camaraderie and teamwork, fostering a resilient and innovative work environment.
In the long term, the ESOP offers financial security and retirement preparation. By being part of a system that values and rewards their dedication, employees are positioned to build a nest egg for the future while actively participating in the company’s trajectory.
Take a look at what our team thinks about being a part of an ESOP.
Kara’s Reflections: Voices Heard and Success Shared
Recruiting Manager at IDR in Nashville, Kara Clayton’s words echo the sentiment of many IDR employees. “It means to me that all of our voices are heard. We are getting to benefit from the work that we are putting in every day and watching the outcome of our success. I am very proud to be a part of this company.”
The ESOP structure amplifies every employee’s voice, ensuring that their hard work and dedication translate into shared success. Kara takes pride in witnessing the tangible outcomes of her efforts and feels a deep connection to the company’s triumphs.
Anna’s Journey: Valued Contributions
Recruiting Manager at IDR in Dallas, Anna Baker’s journey at IDR has been transformed by her involvement in the ESOP. “It means being valued and turned to for feedback and opinions. I have now been at IDR for 4 years, but when I had been only working for a year and a half I had a meeting with our VP about some things that I thought would positively impact the company. Within a couple of months, everything I brought to the table had action behind it. I was shocked that someone so high level would even listen to me. It has changed my career and has shown me the ownership I have in this company.”
Her experience exemplifies the impactful role employees play in shaping the company’s trajectory. Even as a relatively new employee, Anna’s suggestions were acknowledged, leading to tangible actions and changes that positively impacted the organization. This revelation of ownership has not only propelled Anna’s career but also heightened her sense of belonging and influence.
Brandon’s Perspective: A Bigger Purpose
COO of IDR Healthcare, Brandon Rogers says an ESOP means more than just ownership; it signifies a profound sense of purpose. “Being a part of an ESOP gives me a greater sense of purpose. It allows me to be a part of something bigger than myself. It challenges me daily to make decisions that are in the long-term best interest of other people vs. the short-term best interest of myself or the bottom line. It’s an awesome responsibility to have a voice and exercise it. And I’m so thankful and blessed for the opportunity to be a part of IDR’s ESOP.”
This ownership mindset drives him to make decisions that benefit the collective long-term interests of his colleagues and the company. Brandon recognizes the tremendous responsibility that comes with having a voice and using it to shape IDR’s future positively.
At IDR, ESOP isn’t just an acronym; it’s a way of life. It transforms employees into owners, elevating their sense of purpose, amplifying their voices, and inspiring them to contribute their best. Want to join our team and be a part of our ESOP? See where we are hiring for our internal team here.