What is Employee Ownership?
Mega Industries is a 100% Employee Owned company! What does this mean to its employee-owners? It means that through thinking and acting as owners we directly impact the company's future, and in turn our future retirement. Mega Industries makes annual stock contributions to every employee-owner based on their yearly salary. The stock is held in a trust until the employee-owner reaches the normal retirement age, and is then distributed to the employee-owner once they decide to retire. These stock values can rise and fall just as the stock market does, but our employee-owners can impact this through their dedication, innovation, and commitment to excellence. ESOP stock values across the United States have outperformed the S&P 500 by 62%. Thanks to the efforts of our employee-owners, our most recent annual share value growth was 30.13%. Here at Mega, you aren't just a number! You are directly responsible for and benefit from, keeping our company stock on an upward rise.