Employee ownership is one of the foundations of Cianbro, which sets us apart from others in the industry. An employee stock ownership plan, or ESOP, is a qualified retirement plan in which team members receive partial ownership of the company. As an employee-owner of Cianbro, you contribute to its value and profitability while also sharing financially in the value that you create. As a result, our team members have seen consistent growth year over year, which is why we all have a vested interest in working efficiently, safely, and productively as owners.
Employee ownership is about more than just the financial benefits. It also instills a special sense of responsibility within every team member to their fellow owners and the company. It unites our entire team and helps to reinforce that we're working towards the same ownership goals. Whether you are a carpenter, a welder, a supervisor, a field administrator, or a member of the corporate office, your efforts directly impact the financial success of our company.
The Cianchette brothers, the company's founders, recognized the importance of treating everyone with dignity, honesty, and respect. They chose to sell their portion of shares back to the team because they wanted every team member at Cianbro to be able to share in the financial success. By doing this, they solidified the value of teamwork that they built the company on, further unifying the company and creating an even stronger culture of success. Today, Cianbro is a 100% employee-owned company.Read more about our history