100% EMPLOYEE OWNED
Technical Builders has been proudly employee-owned since 2015. 100% of our stock is held in a trust, giving everyone who works at TBI the opportunity to become a participant and shareowner.
What sets us apart? Approximately 1 in 200 American companies are employee owned!
WHAT IS AN ESOP?
In the simplest terms, an Employee Stock Ownership Plan (ESOP) is a retirement plan where the ownership of the company is held in trust for the benefit of the employees of the company.
The Trust buys the company on behalf of the employees and uses the profits of the company to pay off the loan used in the purchase. This means the employees don’t pay out of their wages or income but gain ownership because of their work.
Essentially all employees share in the growth and prosperity of TBI.
What has an ESOP done for TBI?
Relationships: Our client and employee relationships are completely symbiotic. Employee-owners are more likely to contribute ideas, work harder, and form stronger bonds with team members. They are personally invested in the success of every project therefore our clients receive the highest level of service and quality.
Stability: ESOP companies show their resilience during more challenging times. In fact, employee-owned companies are 4X more likely to retain staff than other types of businesses in trying times such as a recession.
Culture: Employee ownership aligns everyone around a unified goal and creates a shared purpose. Because we know that we are all in this together, we are committed to continuous improvement. This mentality creates a strong company culture and a community of people that make TBI successful.