October is ESOPtober | NewSteam is celebrating employee-ownership with mini training sessions at departmental staff meetings in October. Those who answer questions correctly during these training sessions win the opportunity to play ESOPtober Plinko for a variety of prizes.
Additionally, as part of ESOPtober, employees were asked one question: What does ESOP mean to you? The winning submission was then put on a hoodie for everyone to enjoy. Congratulations to Shane Harms for his winning design!
What does ESOP mean? ESOP is an acronym for Employee Stock Ownership Plan
What is an ESOP? An ESOP is a way to distribute wealth to those who helped create it (the employees!). It is a retirement plan which supplements an employee's 401(k) or other retirement plans.
Learn more about ESOPs