ESOPs are a non-traditional setup. They involve extensive annual valuations, in-depth employee education and thoughtful management succession planning.
However, their benefits can be immense – including affording the company lower or zero taxes, generating economic growth, engaging employees in the big picture performance of the firm and setting them up for retirement.
Read about local companies’ experiences with ESOPs in the cover story of the new issue of BizTimes Milwaukee magazine. Bryan Browning and Timothy Stewart have also written a Milwaukee Biz Blog which dispels common misconceptions about ESOPs.
