ESOP Articles
Inside SEP’s ESOP: What Actually Changes When Employees Become Owners
Most people do not think much about company ownership until they start one themselves. You show up, do good work, collect a paycheck, and maybe get a 401(k) match if you are lucky. Ownership? That is for founders and executives. But what if it weren’t? In 2010, SEP’s founders made a decision that fundamentally changed […]
Thriving In Our ESOP Era Since 2010
At SEP, we’re passionate about what we do but even more about the amazing people behind it all. We’ve always cared about our team, but things really kicked up a notch in 2010 when we launched our Employee Stock Ownership Plan (ESOP). So, what’s an ESOP? The details get complicated quickly, but it’s essentially a […]
35+ Thoughts on What It Means to be an Employee-Owner at SEP
In October, we celebrate Employee Ownership Month as an ESOP. In addition, this year we celebrated 35 years of SEP! In a mash-up of both celebrations, we collected 35+ sentiments from across the organization, sharing what it means to “think like an owner.” We heard recurring themes like: Feeling the Benefits of Job Security and […]
6 Reasons to Love SEP’s Employee Ownership Culture
If you know SEP, you know we care a lot about our work. But we care even more about the people we work with. We’ve always been this way, but launching our ESOP in 2010 brought employee ownership culture to the forefront of our business. It strengthened the connection between SEP and its people even […]
Why Employee Ownership Through ESOPs Creates Thriving Companies: Our Journey
Celebrating Employee Ownership Month at SEP October is Employee Ownership Month, and we’re celebrating our ownership throughout the month here at SEP. When we became an ESOP over 15 years ago in 2010, I didn’t quite know what this would mean for our culture. We were already a pretty unique company that did great things […]
Beware of Solving Things Yourself
There’s one recurring thing I’ve seen new hires at SEP struggle with over the years. Most commonly, this is something we see in hires that are fresh out of college, but sometimes it shows itself in hires that come to us with years of experience in the industry. While we try to eliminate it in our new […]
The Optimistic Employee Owner
During a recent “blog-battle” here at SEP, we took on the topic of “The Optimistic [insert role here]“. So I’m going to take a little liberty and talk about why I’m an optimistic employee owner. For those not aware, SEP is a 100% ESOP (as of spring 2010). This has some nifty benefits such as […]