![]() ![]() Employees retiring or leaving the company can collect their gains by selling their shares back to other employee owners.Įmployees are also given a monetary incentive to promote the profitability of the business, along with a say on major decisions that would affect the standing of their shares. Shares based on the company's value are managed in a trust. In an ESOP plan, brewery owners distribute shares of the company across employees, based on their time served. For us, it's about the movement and making the world a better place through great beer."īUSINESS: Brinkman Partners adopts employee ownership "We've had people coming to us saying, 'We will put a lot of money in your pocket,'" said Eric Wallace, who co-founded Left Hand Brewing of Longmont in 1993. "It's not all about the money. It also means the founders of successful breweries forfeit potential individual financial gains in exchange for bolstering their employees' job security. ![]() Unlike traditional ownership models, the ESOP model allows employees to have a voice in major business decisions, like whether to sell. is the only other operation offering ESOP among the more than 4,000 craft breweries in the United States.Īs craft beer has evolved into a multibillion dollar industry, buyouts of smaller breweries by domestic and international brewing giants have become more prevalent. The five breweries represented at Odell are all power players in the nation's craft brewing scene, each among the 40 largest producers last year. ![]()
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