Franklin Building Supply - December 2024

Why Employee Ownership Is a Game-Changer for Younger Employees

You get a say from day one: Employee- owned companies create a unique culture where everyone has a stake in the business. From the moment you start, you have a voice. This model empowers employees to take more ownership of their roles and feel a real sense of purpose. You’re not just a cog in the machine — you’re an integral part of the company’s success, and that kind of involvement feels great from the start. Career growth without the constant job-hopping: In today’s work environment, many people feel like they have to jump from job to job to get ahead. But at an employee- owned company, you can build your career without having to constantly switch employers. Employee-owned businesses tend to promote from within, giving you more chances to grow your skills, take on leadership roles, and earn more — without leaving behind the relationships and experience you’ve built.

Long-term wealth, with the power of time: You might not be thinking about retirement yet, but here’s something important — employee ownership is like investing, and the longer you stay, the more you earn. Over time, your shares grow, and that growth compounds. It’s a real opportunity to build significant wealth just by staying with your company. While the financial benefits take time, they can outperform traditional investments if you stick with it. Sticking with an employee-owned company offers stability, career growth, and the chance to build wealth. It’s not just about the distant future — it’s about creating a solid foundation for yourself right now. The decisions you make today could pay off in ways you may not have imagined, making employee ownership one of the smartest moves for young professionals looking to grow both personally and financially.

Did you know that only 1 in 200 American companies are employee-owned? It’s an uncommon model, but it could be one of the most powerful opportunities for you — especially if you’re just starting your career. While ESOPs are often seen as long-term retirement benefits, the truth is that young employees like you stand to gain the most from this setup, both financially and in your day-to-day work experience. Thomas Dudley explains in a recent article that companies often fail to communicate the immediate advantages of employee ownership to younger workers. You’ve probably got more pressing concerns than retirement, like paying off loans, saving for a home, or advancing your career. So, why should employee ownership matter to you right now? Here are three key reasons why it can make a huge difference in your future.

BIRTHDAYS JANUARY

JANUARY ANNIVERSARIES

LOCATION - EMPLOYEE - YEARS

Jim Priess Guiseppi Imbriani Justin Blaha Liz Wagner Nate Gardner Sara Mcevilly Archie Kasumovic Scott Binkley Jose Lopez

Chrissy Larimore John Hughes Jordan Paeth Emma Choules Tom Mosgrove Levi Smith Alan Akberdin Scott Still Keven Sanchez Ken Leavitt Sierra Breaux Brandon Benton Fernando Trujillo TJ Richardson Lily Sheridan Shannon Brown Rj Vera Chris Eisnaugle Derek Byington

1 1 2 2 3 3 3 5 5 5 6 6 6 7 9 9 9

14 15 15 19 22 22 22 23 24 24 25 26 26 27 27 27 28 29 29 30 30 31 31 31

TVID - Interior TVID - Interior Bellevue Sawtooth Door Caldwell Truss Boise Boise Finish TVID - Exterior TVID - Interior Caldwell Truss Boise Finish TVID - Exterior Boise Boise Finish Bellevue Boise

Pocatello Sawtooth Door Twin Falls Boise Boise TVID - Interior McCall Jerome Truss Caldwell Truss TVID - Exterior Caldwell TVID - Interior Boise Corporate

Daniel Fleshman

1

Michael Hoskins

4

Cameron Fuhriman

1

Ivan Barriente

4

Abby Hendricks

1

Erik Olsen

5

Brandon Dixon

1

Andrew Mannion

5

Meregildo Castillo

1

Jonathan Sanches

6

Joey Green

1

Jordan Paeth

6

Robert Smith Isaac Durrant

Doug Cox

1

Skyler Bateman

6

James Bermudez James Shrewsbury

Kyle Jenner

2

Evan Hess

6

Jared Choat Freddy Ruiz

Daniel Daigneault

3

Abel Lima

6

Tommy Tristan

3

Aaron Lowther

7

Zachary Downer Skyler Bateman Mitchel Montgomery

Kevin Curtis

3

Chris Morrison

8

10 10 11 11 12 13 13 13

Trevor Lovejoy

3

Grayson Mohr

8

Jill Flabel Nick Lang Mike Price Dana Parker

David Gardner

4

Robbin Fisher

9

Paul Lewis Zach West

Chris Bazzle

4

Levi Smith

9

Cameron Fuhriman Jackson Theberge Jeff Denker

Fruitland Pocatello

Jay Powers

4

Rusty Anderson

19

Alex Ruffridge Steven Grijalva Matthew McBurney

Cameron Sato

4

John Rifelj

22

3

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