Atlantic Fasteners converted from private ownership to an Employee Stock Ownership Plan in 2005—a change that carries excellent benefits for our customers as well as our company. Our motivated employee-owners have helped drive Atlantic Fasteners Aerospace to very high levels of quality and reliability.
Research confirms that we’re not alone in this experience. In the most recent national survey of ESOP companies, 84% of ESOPs reported improved motivation and productivity, and 55% reported their company is now more competitive.1
Findings show that ESOP companies:
• Are more productive on average1
• Communicate better with customers1
• Outperform the three major stock indices2
• Involve employees more in decision making1
• Have an 8.8% increase in sales per employee3
1 Benchmarking ESOP Companies, 2010 survey by the ESOP Association and The Employee Ownership Foundation.
2 2009 Employee Ownership Foundation’s 18th Annual Economic Performance Survey
3 2008 City University of New York study of 328 ESOP vs. 1,100 non-ESOP firms