Employee Ownership and the Best Companies to Work For
Executive Director
Google topped the annual Fortune list of the 100 Best Companies to Work For. Just behind Google are 40 more companies with employee ownership plans, including Edward Jones (#4), Genentech (#6), Salesforce.com (#7), Intuit (#8), and majority employee-owned Robert W. Baird (#9).
Of the 41 employee ownership companies on the list, six are majority employee-owned, six have ESOPs, nine have broad-based individual equity grant plans (options or restricted stock), 24 have employee stock purchase plans (ESPPs), and two are majority-owned by broadly offered stock purchase plans other than ESPPs. Some companies have multiple plans. To be on the list, created by the Great Place to Work Institute, companies must have 1,000 or more employees.
Those who have seen the film We the Owners will recognize #10 on the list: DPR Construction was featured in that documentary for its use of phantom stock to create an ownership culture.
NCEO Members can see the full list in our March-April newsletter, which will arrive in the last week of February.