EMJ is now an employee-owned company through an Employee Stock Ownership Plan (ESOP).
An ESOP is a qualified retirement plan, like a 401k, and it gives employees a path to receive beneficial equity in the company. It transfers private and beneficial ownership of the company to employee partners. As the company grows so does employees’ equity, rewarding service and longevity.
A part of BLDR Holdings, a construction service investment company, EMJ has a long legacy as an independent, privately owned corporation. Being employee-owned positions BLDR Holdings and EMJ for the future while letting employees benefit from its success.
“This is a big day for our company and I’m proud for our new employee partners,” said Jack Bowen, president, and CEO of BLDR Holdings. “The ESOP deepens our employee-centric culture, rewards employees, and creates a meaningful benefit plan.”
The ESOP reinforces EMJ’s commitment to its purpose of being people serving people while employee partners continue to deliver exceptional experiences to our clients, partners, and colleagues.