Symbiont Service Corp Is Now Employee Owned
Here’s what you need to know about our decision to introduce ESOPs.
Recently, we hosted a presentation all about ESOPs. Employee stock options are crucial so that we all share in our company’s success. Michael Miller, the Trustee of our ESOPs, stopped by to explain how they work and benefit you.
When the leadership in a company decides to hand over the reins, what happens? Sometimes, things shut down without strong leadership. Other times, the company is sold to a private equity firm. The best choice, in our opinion, was to sell our company to our employees.
If you check out 2:53 in the video, you’ll see a list of companies that are employee owned in Florida. You may not know that many of these companies are employee owned because they still have strong management, growth, and profits.
In the meantime, Sandy isn’t going anywhere. She was very careful about making this decision because she wanted to make sure she made the right one. Now, she’s excited to begin the process and start sharing the company’s wealth.