One concrete difference: 100% EMPLOYEE-OWNED
The value of employee-ownership
ESOP participants had more than twice the average total retirement balance of Americans nationally.
ESOPs are associated with substantially reduced turnover because they typically provide more retirement security, benefits and career investment.
National Center for Employee Ownership “S Corporation ESOPs and Retirement Security” study, 2018.
Each of our employees has a stake in its success. By thinking and acting as owners, we directly impact the company’s future, and in turn, our future retirement: MegaKC makes annual stock contributions to every employee-owner based on their yearly salary. The stock is held in a trust until the employee-owner reaches retirement age and is distributed to the employee-owner once they decide to retire.
At MegaKC, employee-owners are directly responsible for keeping our company stock on an upward trajectory through their dedication, innovation and commitment to excellence, and they reap the benefits of doing so.