Earlier this month, NTH hosted its first information session for the new ESOP employee owners. The goal of the meeting was to help new owners understand what ESOP is and how it works. NTH will be hosting more of the sessions in the future to help everyone understand how they benefit from being an owner.
One of the excellent benefits of working at NTH is that we are an ESOP firm; ESOP stands for Employee Stock Ownership Program. As such, eligible NTH employees are given part ownership (or stocks) in NTH. Stocks are bought and distributed by NTH’s ESOP Trust. The ESOP Trust buys stocks from former employees and associates, and redistributes them to eligible (current) employees.
Once an employee owns stock, the process is similar to owning stock in the stock market. Employees continue to own and accrue stock so long as they are employed at NTH. Once an employee leaves, he or she can choose to either sell the stock back to the ESOP Trust or to retain the stock and sell it at a future date.
ESOP ownership is just one of the many benefits offered in NTH's competitive program designed to support the needs of our employees and their families. Regular, full-time employees are offered generous benefits as part of the total compensation package. Check out our careers page to see what we offer, how we have fun and what job opportunities are open - maybe NTH is the next stop on your career path.
One of the excellent benefits of working at NTH is that we are an ESOP firm; ESOP stands for Employee Stock Ownership Program. As such, eligible NTH employees are given part ownership (or stocks) in NTH. Stocks are bought and distributed by NTH’s ESOP Trust. The ESOP Trust buys stocks from former employees and associates, and redistributes them to eligible (current) employees.
Once an employee owns stock, the process is similar to owning stock in the stock market. Employees continue to own and accrue stock so long as they are employed at NTH. Once an employee leaves, he or she can choose to either sell the stock back to the ESOP Trust or to retain the stock and sell it at a future date.
ESOP ownership is just one of the many benefits offered in NTH's competitive program designed to support the needs of our employees and their families. Regular, full-time employees are offered generous benefits as part of the total compensation package. Check out our careers page to see what we offer, how we have fun and what job opportunities are open - maybe NTH is the next stop on your career path.
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