Learn how Cargas, an employee-owned software company, grew from 15 to nearly 200 employees by unleashing the power of Direct Employee Ownership. Explore how Cargas has harnessed the potential of integrated Shared Success programs, allowing every team member, including the founder, to tailor their approach to buying, holding, and selling Cargas stock over several decades. In this session, you'll gain insights into when and why Direct Employee Ownership can be a superior choice compared to traditional ESOPs, particularly for smaller companies. Learn from Cargas' success story and discover how this model can empower both the company and its employees to thrive.
Learning Objectives:
List the pros and cons of Direct Employee Ownership versus an ESOP
Describe how integrating Employee Engagement, Profit Sharing, and Direct Employee Ownership can motivate employees to create more success for all stakeholders
Describe the variety of Direct Employee Ownership programs available and how they can be fine-tuned for each company
Chip Cargas, n/a
Founder & Retired CEO Cargas Lancaster, PA
Greg R. Weiss, MBA, CPA/CFF, CVA
ESOP Services Practice Leader Harper Hofer & Associates, LLC Denver, CO