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 it 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.
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.