Written by Lindsay Shafer, Consultant, with Meredith Fiocchi, Associate Vice President – Investments, Fiocchi McCarthy ESOP Group of Wells Fargo Advisors for The ESOP Report, January 2024
Communication is incredibly important to help employee owners understand both the financial benefit of the ESOP and shared ownership culture. But when you look around at your company, you may see a multigenerational workforce with varying degrees of knowledge – and comfort – with the ESOP and financial terms. So how can you effectively communicate the value of the ESOP, and ultimately strengthen your company’s ownership culture, when you have a multi-generational workforce?