Why SSG Chose An Employee Ownership Plan
We have some exciting news for Southwest Solutions Group® for 2017. Going forward, we will transition to a 100% employee ownership plan (ESOP).
Why an ESOP? Former owners Craig Crock, Rich Riemer, Ray Streight, Randy Brant, and Troy Mechhofer agree that this is the best next step for SSG. They are excited to share the company’s success and prosperity with SSG’s dedicated and loyal employees. With this transition, the former owners hope to continue SSG’s growth as an even stronger team.
“The strength of Southwest Solutions Group is its people. The employee stock ownership plan preserves the company’s positive culture, and assures that the company’s continued success will directly benefit those doing the work. The ESOP allows us to prove to all who come behind us that we are faithful to our SSG legacy,” comments Streight.
An ESOP creates ownership among all employees, allowing them to directly benefit from a company’s success. This motivates everyone to collaborate towards achieving SSG’s bottom line.
According to the National Center for Employee Ownership, about 7,000 companies in the U.S. have a partial or full employee ownership plan. Employee-owned companies are more likely to grow faster, pay more, have better benefits, and are less likely to lay off employees or outsource overseas. As one can imagine, this focus on employee wellbeing often translates to happier employees. 84% of employee-owned companies agree that the plan inspires more productivity and motivation towards future goals.
The employees of Southwest Solutions Group are eager to continue SSG’s growth and become more successful and competitive. Of course, it’s not just the employees that benefit from this transition. SSG is also dedicated to providing continued customer satisfaction through its motivated employees.
We look forward to doing business with you!
About Southwest Solutions Group
Southwest Solutions Group is a full-service company that provides the best-in-class equipment, professional design, certified installation, and information management services. From reducing your storage footprint to providing CJIS and HIPAA compliant document scanning services, we have a solution to help your business’s efficiency. For more information or to speak with a specialist, call us at 1-800-803-1083 or send us a message today.
