For the past 25 years, StoneAge has been experimenting with ways to give its employees a stake in the company’s success, a path to personal wealth-building, and more ownership over their individual job performance. What began as a profit-sharing program evolved into a homegrown stock ownership program, and now a federally-regulated Employee Stock Ownership Plan (ESOP) that could provide a model for other businesses looking for creative ways to build an inclusive, winning, and productive culture.
Kerry Siggins has evolved along with StoneAge as well. On today’s show, we discuss her 11-year rise from general manager all the way up to CEO, and why she believes more businesses should consider forming an ESOP to get employees on board with making BIG happen.