WBA’s ESOP Fosters Ownership
On January 1, 2008 Walsh Bishop Associates became a 100% employee-owned organization by incorporating an Employee Stock Ownership Plan (ESOP). Unlike other employee benefit plans, which typically diversify their holdings by investing in a variety of assets, Walsh Bishop’s ESOP will, by law and design, invest in the stock of the company, thereby making employees beneficial owners of the company at which they work. Not only does this plan provide our employees with an additional retirement benefit, but it encourages a culture of ownership that has far-reaching implications for our work and clients. Walsh Bishop’s success depends directly on the teamwork and positive attitudes of all of us at every level of job responsibility. Simply put, when we do well for our clients, we do well for ourselves!
