Three Reasons Why Working for an ESOP is Awesome!
You may be wondering, What is an ESOP? An ESOP, or employee stock ownership plan, is an employee-owner agreement that provides a company’s workforce with an ownership interest in the company.
You may be wondering, What is an ESOP? An ESOP, or employee stock ownership plan, is an employee-owner agreement that provides a company’s workforce with an ownership interest in the company.
At 20/20 Plumbing & Heating, Inc., we are proud to be able to help our community. And helping our communities means developing meaningful partnerships with both companies and philanthropic organizations that share our values and commitment to service with integrity.
At 20/20 Plumbing & Heating, Inc., we believe our people are our greatest asset. They are the reason we remain an industry leader in California and Nevada. Every day, our skilled tradespeople deliver reliable, state-of-the-art residential and commercial service to the construction and maintenance sectors — demonstrating the savvy and resolve to tackle the most challenging plumbing and HVAC projects.
At 20/20 Plumbing & Heating Inc., we take pride in our reputation as a foremost plumbing and HVAC contractor in California and Nevada. Our skilled tradespeople use state-of-the-art tools and technology to deliver peerless service to single family, multi-family, commercial, rehabilitation and hospitality projects.
An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in a company. 20/20 Plumbing & Heating, Inc. is a thriving ESOP, where employee ownership drives a culture of uncompromising customer service and self-sustaining profitability.
20/20 Plumbing & Heating has a business model that few are familiar with: an ESOP. This means the company is owned by employees through an Employee Stock Ownership Plan (ESOP).
There are about 7,000 ESOPs in the US, employing 14 million workers and accounting for about 10% of the private sector workforce.