Are you ready to be a Newberry Employee Owner (N.E.O.)?
You have strong credentials, a top clearance, a good paying job, and you’ll never be out of work. But you’re capable of more, something greater than just earning a paycheck. You’re an undiscovered Newberry Employee Owner (N.E.O.) caught in the corporate matrix.
So what does it take to be a N.E.O.? It takes listening to that instinct that tells you there’s something more fulfilling… And that something is
employee ownership. Check out the
buzz about some of our Employee Owners on our Facebook page
www.facebook.com/newberrygroup.
The Newberry ESOP: Why It Matters to You
Newberry is among a small minority of employee-owned companies. However, our company stock is not purchased, but instead is equitably allocated to our employees.
Newberry’s Employee Stock Ownership Plan (ESOP) is part of our total retirement package,
in addition to our 401K. The Internal Revenue Service (IRS) recognizes the ESOP as a legal “qualified plan” or a “defined contribution employee benefit plan.” Shares are deposited into employee accounts based on a prescribed formula applied to all employees equally. Share value is determined by an annual independent evaluation. Learn More…
Have questions about being a N.E.O.?