TMB launches Employee Stock Ownership Plan

USA - TMB has implemented an Employee Stock Ownership Plan (ESOP), making TMB employees worldwide shareholders in the company. Colin Waters, TMB's CEO, told us: "The ESOP conveys a greater stake in our growth to each employee. Everyone's work and innovative ideas contribute to their own equity in the company. Furthermore, wealth formation through an ESOP is tangible evidence that employees are successful (and therefore satisfied) in their work. Employees gain a sense of ownership, personal accountability and dignity. If worker/owners perform extraordinarily well, company performance is more likely to be extraordinary, and that translates into high stock value for the employees. Customers benefit from increased incentive for employees to provide the best possible service. The ESOP truly represents the spirit behind our company."

According to TMB president Marshall Bissett: "What upholds an arch is an equality of pressure of the separate stones upon each other."

(Lee Baldock)

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