"
Davey pulls together as a community and helps out where
help is needed. There are a lot of people who are willing to
do anything and everything to help. Davey is more of a family
atmosphere than most jobs. Being an employee-owner makes
me feel like I'm part of a bigger picture that spans across
North America. It makes me want to give 110 percent every
day to improve and grow the company.
"
THE DAVEY
BULLETIN IS FOR
EMPLOYEES LIKE...
MATT DELANEY
production manager
Commercial Landscape Services
Great Falls, Montana
May/June 2017 | The Davey Bulletin 3
ISSUE
ROOT
OF THE
Becoming an employee-owner of Davey Tree benefits the
community in addition to two very specific people – your
current and future selves. Here's how.
A recent report from the National Center for Employee
Ownership (NCEO) shows that investing in an Employee
Stock Ownership Plan (ESOP) strengthens communities
and expands state economic growth.
The employee ownership center published a report,
"Economic Growth Through Employee Ownership,"
highlighting the benefits an ESOP provides not just to its
members but to the surrounding community. The NCEO
report states ESOP companies generate 2.5 percent
more new jobs per year than they would if they were not
employee-owned.
Furthermore, a study conducted by the University of
Pennsylvania in 2008 states that companies owned by an
ESOP create a combined $19 billion in annual economic
activity through profits returned to owners, sellers and
employee-owners as a return on their investment. In the
same study, researchers argued that "ESOPs contribute
to overall economic growth through increased productivity
and sales."
ESOPs are stable. They maintain jobs while also creating
new ones. Those are benefits to you and your community.
In addition, growth and stability of ESOPs benefit your
personal wealth. Forbes Magazine reported in 2015 that
annual growth of ESOP firms outperforms companies listed
in the S&P 500 by more than 4 percent – a contributing
factor in stock value.
But what about your future self? Studies have repeatedly
shown investors in ESOPs accumulate more in retirement
wealth than their counterparts at similar, publicly
traded companies.
By investing in Davey stock, you help stabilize your own job
while investing in new jobs, generating economic activity for
the community and padding your nest egg for retirement.
What's not to like? For more information about becoming an
employee-owner, talk to your supervisor.
3 REASONS TO BECOME AN EMPLOYEE-OWNER
Matt
Fredmonsky
