We Own the Place!
As a 100% employee-owned company, every partner at Wilson Electric has a stake in helping us become the Best Electrical Contractor in the Southwest. And, we all share in the benefits of our success.
Every partner at Wilson Electric plays an important role in helping us be successful. If you join Wilson Electric, you’ll be part of something special we all share — you’ll be an employee-owner and you’ll get to enjoy the rewards that ownership can bring.
What is an Employee Stock Ownership Plan (ESOP)
An Employee Stock Ownership Plan (ESOP) is a retirement plan in which the company contributes its stock (or money to buy its stock) to the plan for the benefit of the company’s employees. The plan maintains an account for each eligible employee and the account balance vests over time. The ESOP is fully funded by the company.
To learn more, download the Wilson Electric ESOP brochure with frequently asked questions.
How do ESOPs Benefit Employees?
- The ESOP is fully funded by the company
- Employees develop ownership without an investment of their own funds
- ESOP accounts grow on a tax-deferred basis
- ESOP ownership creates no liability for employee shareholders
- ESOPs allow employees to share directly in the success they are helping to create
Did you know that ESOP Companies typically are:
- More profitable
- More productive
- Grow faster
- Have a higher survival rate & fewer layoffs
- Higher benefits
We love celebrating our talented employee-owners. Together we build and strengthen our company with the goal of delivering exceptional service to our clients.
