Sep 23rd 2025
We are an Employee-Owned ESOP Company
In 2020 World Block became a 100% employee-owned ESOP Company. What does that mean? A trust owns World Block and each of our Employees has a share of that trust. How has it affected World Block? In a number of ways, all positive:
- Much higher than average employee retention
- Happier, more productive employees - if the company does better, everyone shares in it
- Allows a number of ways for owners to transfer ownership all at once or over time to employees, it offers much more flexible ways of selling / transferring a business
If you want more information on ESOPs you can visit Menke & Associates at www.menke.com