Highlight is Employee-Owned through our Employee Stock Ownership Plan (ESOP). An ESOP is an employee benefit plan that gives ownership to employees company-wide through shares of company stock. At At Highlight we refer to our team members as “Employee Owners” because together we share in the company’s growth and success.
According to NCEO, employees of ESOP-owned companies make 5 to 12% more in wages and have almost three times the retirement assets as workers in similar non-ESOP companies.
Our Vision
The ESOP supports our founder and CEO's long-term vision to provide flexible and rewarding careers for dedicated individuals. The ESOP helps us deliver on this vision by providing employees the tangible reward of ownership, which ties directly back to our team's hard work. The time you spend with Highlight is an investment, and we want you to reap the rewards of your investment in your retirement.
Employee Benefits
The ESOP is another source of retirement savings and wealth-building for our employees. It rewards our employees who help build the company by providing economic equity in the business. The company contributes additional ESOP shares to employees each year, with no employee contribution required!
Learning for the Future
Highlight established our ESOP in 2021, and we are excited to be a part of the thriving ESOP community. We are committed to being an active part of this community by learning, contributing, and advocating alongside our fellow ESOP companies. Highlight is a corporate member of the National Center for Employee Ownership and The ESOP Association.
Did you know...
That there are over 6,500 ESOP owned companies covering 14 million participants
ESOPs trusts are tax-exempt, meaning profits can be reinvested into the company
ESOPs are qualified retirement plans, governed by section 401(a) of the U.S. Code
ESOPs are one of the most bipartisan business models, supported by both Sen. Bernie Sanders and Sen. Rand Paul
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