In 2021, Henderson officially became an ESOP company, making employees beneficial owners of stock in Henderson Companies, Inc. Being part of an ESOP means when the company does well, you do well too! Your efforts, combined with the rest of #TeamHenderson, directly impact the profitability and growth of Henderson and your personal bottom line!
Every employee can have a positive impact on the health and value of our company. We all have some skin in the game, which can be a powerful motivation. It inspires intense collaboration, a vibrant work environment, and a big team of individuals who are all consistently looking for ways to make the company better.
What I love about an ESOP is that those who share the effort and responsibility, share the rewards. It’s an investment of responsibility that builds a future for each of us. Not just the future; when we do it right, it provides a fulfilling journey along the way.
ROBERT BAEHR, ENGINEERING DIRECTOR | PRINCIPAL
Having a stake in the game is very motivating, knowing that we are all in this together and our combined efforts and hard work contributes to building something that we will all benefit from gets me excited to give me all everyday.
JON JENSEN, WESTERN REGIONAL MANAGER
Throughout my (22) year career I’ve noticed companies moving towards an ESOP. I’ve always had a goal to be part of a company with those ideals. That goal has finally become a reality with Henderson’s move to becoming an ESOP!
TRAVIS SHORT, COMMISSIONING DIRECTOR | COMMISSIONING TECHNICAL LEADER
THE OWNER MINDSET
As employee owners, we approach our work with an “owner mindset” looking for ways to help make Henderson work better and smarter. While ownership is primarily a financial benefit, an ESOP is different from other stock ownership programs. That’s because you affect the share value by the positive impact of your work. When the company does well, you do well.
WHAT IS AN ESOP?
ESOP stands for “Employee Stock Ownership Plan” – a federal retirement plan. ESOP contributions are primarily invested in company stock. If Henderson does well, the value of the company stock increases and employees benefit too. Every employee can have a positive impact on the health and value of our company. That motivation inspires innovative thinking, intense collaboration, a vibrant work environment, and ongoing efforts to make the company better.
This program allows employees to develop ownership without investing any of their own funds. The longer you stay at Henderson, the more shares you’ll accumulate for retirement and future financial stability giving employees a unique opportunity to share in the growth and future success of the company. Being an ESOP company allows Henderson to preserve and protect our people-first culture by placing the company in the hands of our employees.
All employees of Henderson Companies who are over age 18 are eligible to participate in Henderson’s ESOP plan once they have completed 1,000 hours of service. Once an employee has completed the service requirement, the effective date of participation in ESOP (the entry date) will be retroactive back to January 1 of the calendar year in which the employee met the requirement.
CAREERS AT HENDERSON
We’re diligent about cultivating a best-in-class work environment that is welcoming, inclusive, and enables people to thrive.
Henderson does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.