The Employee Stock Ownership Plan at Haldeman Homme gives each employee a benefit in the company generated through the purchase of company stock. Each employee has ownership of a portion of the overall ESOP trust.
With an ESOP, the assets of the company are held in a trust. So when Haldeman Homme increases in value, the stock of the ESOP,including your individual shares, increases in value.
HHI contributes a percentage of every employee’s salary that is converted to stock in the company. Unlike a 401k, where an employee will contribute a percent of their personal wages to their retirement plan, an ESOP member sacrifices none of their current income and receives shares in the company as a retirement benefit.
Employees gain a personal relationship with HHI when they join our ESOP. Our team members know that their personal success is directly tied to the success of the company. As a result, they are invested in ensuring that every facet of the company runs smoothly, from financials to customer relations. Employee owners are motivated to go above and beyond every day.
At HHI, we understand our employees are at their best when their work and personal lives are balanced. Our employees are first and foremost a team member and part of the HHI family. Learn more about us here.