by: The National Center for Employee Ownership
Source: The National Center for Employee Ownership
Thoits Insurance in Mountain View, CA embodies what many employee ownership advocates hope to see in ESOP companies. It's entirely owned by its ESOP, employees basically manage their own jobs through a series of self-managing teams, there are ample opportunities for employee training in business and ESOP matters, and financial information is shared in detail.
In short, Thoits has all the elements that research has defined as contributing to a successful ownership culture. And successful it has been.
Link: Thoits Insurance
Publication Date: 2005-11-01