Join this month's webinar to hear two different, but similar in some ways, employee ownership stories from two very different companies. If you are considering going down the employee ownership journey, this session is not to be missed.
Years ago, when Ross Video, a television video production technology company, had around 200 employees, David Ross implemented an Employee Share Ownership Plan. Now the company has had over a decade of 17% year over year growth and has expanded to 1400 employees. “If employees are engaged as owners, I think all boats rise. It positively impacts the morale of people around here.” – David Ross, CEO of Ross Video
Ross Video also asked everyone who invested in the ESOP to sign a form indicating that they were aware that this was a long-term investment, and the company wasn’t guaranteed to be sold or go public anytime soon.
About 15 years after launching the ESOP, David has announced plans for an IPO or other minority liquidity options. With 700+ employee shareholders in place, about half the company, everyone is now doubly excited about what’s to come.
Spartan Control's story is based on a broad employee ownership model, the belief then and now is ‘owners’ will drive and provide the highest level of commitment, entrepreneurship and customer service. From 3 founders to now over a thousand people across 13 locations, most of whom are owners, Spartan Controls serves the industrial process automation market in western Canada. Their employees, who are also the owners, call themselves Spartans. "The founders believed, as we still do today, that the efforts of all those creating the success of the business should be rewarded by sharing in the profits of the company." Grant Wilde, President & CEO of Spartan Controls.