--- title: How Being an Employee-Owner Can Change Your Life description: When you think about how that extra income could affect your future, it could be astounding! According to the ESOP Association, “Employees at ESOP companies tend to earn higher wages and have greater savings than their peers in non-ESOP companies.” image: https://info.hoffman-hoffman.com/hubfs/fghragfdhrqgthnytrjn.png --- - [(336) 292-8777](tel:+3362928777) - [info@hoffman-hoffman.com](mailto:info@hoffman-hoffman.com) [Blog](https://blog.hoffman-hoffman.com/blog) [![](https://info.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/facebook-icon-svg.svg)](https://www.facebook.com/HoffmanHoffmanInc) [![](https://info.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/instagram-icon-svg.svg)](https://www.instagram.com/hoffmanhoffmaninc/) [![](https://info.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/twitter-icon-svg.svg)](https://twitter.com/HoffandHoffInc) [![](https://info.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/linkedin-icon-svg.svg)](https://www.linkedin.com/company/hoffman-%26-hoffman-inc./) [![cropped-hoffman-logo](https://info.hoffman-hoffman.com/hs-fs/hubfs/Blog-Assets-April-2020/Images/cropped-hoffman-logo.png?width=1457&height=281&name=cropped-hoffman-logo.png "cropped-hoffman-logo")](http://hoffman-hoffman.com) - 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[Maximizing Efficiency and Comfort: The Price Ultrasuite for Hospital Operating Rooms](https://info.hoffman-hoffman.com/blog/maximizing-efficiency-and-comfort-the-price-ultrasuite-for-hospital-operating-rooms) - [Dehumidification: Ensuring Optimal Conditions in Critical Environments](https://info.hoffman-hoffman.com/blog/dehumidification-ensuring-optimal-conditions-in-critical-environments) - [Bridging the Gap: Celebrating Sales Engineers During Engineers Week](https://info.hoffman-hoffman.com/blog/bridging-the-gap-celebrating-sales-engineers-during-engineers-week) - [For the Love of HVAC: A Career Story](https://info.hoffman-hoffman.com/blog/for-the-love-of-hvac-a-career-story) - [MERV-A Ratings Make the Best Filters Stand Out from the Crowd](https://info.hoffman-hoffman.com/blog/merv-a-ratings-make-the-best-filters-stand-out-from-the-crowd) #### popular ![](https://info.hoffman-hoffman.com/hubfs/down-arrow.png) - [ABB ACH580 Drives: Override Mode](https://info.hoffman-hoffman.com/blog/abb-ach580-drives-override-mode) - 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[evaporative cooling equipment](https://info.hoffman-hoffman.com/blog/tag/evaporative-cooling-equipment) - [project profile](https://info.hoffman-hoffman.com/blog/tag/project-profile) - [refrigerant](https://info.hoffman-hoffman.com/blog/tag/refrigerant) - [rooftop systems](https://info.hoffman-hoffman.com/blog/tag/rooftop-systems) - [uvdi systems](https://info.hoffman-hoffman.com/blog/tag/uvdi-systems) - [venmar](https://info.hoffman-hoffman.com/blog/tag/venmar) - [ventilators](https://info.hoffman-hoffman.com/blog/tag/ventilators) # How Being an Employee-Owner Can Change Your Life ![](https://info.hoffman-hoffman.com/hubfs/calender-icon-black.png) July 15, 2022 ![](https://info.hoffman-hoffman.com/hubfs/fghragfdhrqgthnytrjn.png) When you think of life-changing experiences you might think of graduating from school, moving to a new city, falling in love, or maybe even getting your dream job. What if getting your dream job also means that you become an employee-owner of the company you work for? Let’s imagine how being an employee-owner can change your life.  Let’s start off by talking about what it means to be an employee-owner. An ESOP, or Employee Stock Ownership Plan, is a company that is either partially or completely owned by its employees; employees own the company through stock. Hoffman & Hoffman has been 100% employee-owned since 2016. Being a partial owner of the company you work for creates a common goal among your other colleagues: to run a successful business. Because of this mindset, H&H employees have been able to thoroughly adopt our Core Values into our daily culture. Everyone is thinking about ways to ensure we’re as productive and efficient as possible.   This work culture can change your life because suddenly, you start thinking about how *you* can make an impact on the benefits coming back to you. For Hoffman & Hoffman, being an ESOP leads to greater contributions towards our retirement plans than a non-ESOP company. In 2020, the Hoffman Family of Companies gave 18.55% of eligible compensation in ESOP contributions and W2 bonuses.  When you think about how that extra income could affect your future, it could be astounding! According to the ESOP Association, “Employees at ESOP companies tend to earn higher wages and have greater savings than their peers in non-ESOP companies.”   ![When we succeed, the benefit flows back into the employees. People say, ‘I’m working for the man’ well at Hoffman you’re ‘the man’ and if we do well it comes back to you.-1](https://info.hoffman-hoffman.com/hs-fs/hubfs/When%20we%20succeed%2c%20the%20benefit%20flows%20back%20into%20the%20employees.%20People%20say%2c%20%E2%80%98I%E2%80%99m%20working%20for%20the%20man%E2%80%99%20well%20at%20Hoffman%20you%E2%80%99re%20%E2%80%98the%20man%E2%80%99%20and%20if%20we%20do%20well%20it%20comes%20back%20to%20you.-1.png?width=546&name=When%20we%20succeed%2c%20the%20benefit%20flows%20back%20into%20the%20employees.%20People%20say%2c%20%E2%80%98I%E2%80%99m%20working%20for%20the%20man%E2%80%99%20well%20at%20Hoffman%20you%E2%80%99re%20%E2%80%98the%20man%E2%80%99%20and%20if%20we%20do%20well%20it%20comes%20back%20to%20you.-1.png) With our ESOP continuing to grow through our new employee-owners, the benefits continue to grow for everyone in the company. Take a look at what some of our employee-owners had to say about how the ESOP has affected their lives.   If you’re interested in learning more about how you can join our ESOP and become an employee-owner, [CLICK HERE](https://www.hoffman-hoffman.com/the-hoffman-way/work-with-us/).   ##### // about the author ![Allison Hamilton](https://info.hoffman-hoffman.com/hubfs/Allison%20Hamilton%5B14942%5D.jpg) ### ![](https://info.hoffman-hoffman.com/hubfs/user.png) [Allison Hamilton](https://info.hoffman-hoffman.com/blog/author/allison-hamilton) Allison Hamilton is the Video & Marketing Coordinator for the Hoffman Family of Companies. She enjoys learning about the HVAC industry and meeting new people along the way. ##### // share this post - - - - [mailto:?body=https://info.hoffman-hoffman.com/blog/how-being-an-employee-owner-can-change-your-life](mailto:?body=https://info.hoffman-hoffman.com/blog/how-being-an-employee-owner-can-change-your-life) - ### Recent Posts ### categories - [ABB (6)](https://info.hoffman-hoffman.com/blog/tag/abb) - [AHU (1)](https://info.hoffman-hoffman.com/blog/tag/ahu) - [air circulation (9)](https://info.hoffman-hoffman.com/blog/tag/air-circulation) - [air handler (5)](https://info.hoffman-hoffman.com/blog/tag/air-handler) - [air pollution (4)](https://info.hoffman-hoffman.com/blog/tag/air-pollution) - [Air Purification (5)](https://info.hoffman-hoffman.com/blog/tag/air-purification) - [air quality (8)](https://info.hoffman-hoffman.com/blog/tag/air-quality) - [airborne illnesses (3)](https://info.hoffman-hoffman.com/blog/tag/airborne-illnesses) - [Architectural Design (1)](https://info.hoffman-hoffman.com/blog/tag/architectural-design) - [Architectural Solutions (1)](https://info.hoffman-hoffman.com/blog/tag/architectural-solutions) - [ASHRAE (8)](https://info.hoffman-hoffman.com/blog/tag/ashrae) - [Automatic Balancing Dampers (1)](https://info.hoffman-hoffman.com/blog/tag/automatic-balancing-dampers) - [Baldor Motors (1)](https://info.hoffman-hoffman.com/blog/tag/baldor-motors) - [Big Ass Fans (5)](https://info.hoffman-hoffman.com/blog/tag/big-ass-fans) - [Building (6)](https://info.hoffman-hoffman.com/blog/tag/building) ### subscribe #### Our Location Main Office 3816 Patterson St Greensboro, NC 27407 #### Hours of Operation 8AM to 5PM – Monday through Friday Closed Saturday and Sunday *We offer 24/7 emergency repair service* #### Contact Us ![](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/telephone-white.svg) Main Office [(336) 292-8777](tel:+3362928777) ![](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/telephone-white.svg) Stock Warehouse [(800) 334-0254](tel:+8003340254) ![](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/telephone-white.svg) Replacement Parts [(800) 332-2295](tel:+8003322295) ![](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/email-white.svg) Consultation / Evaluation: [info@hoffman-hoffman.com](mailto:info@hoffman-hoffman.com) Hoffman & Hoffman, Inc., Hoffman Building Technologies, Inc., Hoffman Mechanical Solutions, Inc., and Heat Transfer Sales, LLC, are separate legal entities. ![](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/footer-logo.png) All content © 2019, Hoffman & Hoffman [![Facebook](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/facebook-white.svg)](https://www.facebook.com/HoffmanHoffmanInc) [![Instagram](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/instagram-white.svg)](https://www.instagram.com/hoffmanhoffmaninc/) [![Twitter](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/twitter-white.svg)](https://twitter.com/HoffandHoffInc) [![LinkedIn](https://blog.hoffman-hoffman.com/hubfs/Blog-Assets-April-2020/Images/linkedin-white.svg)](https://www.linkedin.com/company/hoffman-%26-hoffman-inc./) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Allison Hamilton", "url" : "https://info.hoffman-hoffman.com/blog/author/allison-hamilton" }, "dateModified" : "2022-07-21T16:41:01.372Z", "datePublished" : "2022-07-15T20:10:24.000Z", "headline" : "How Being an Employee-Owner Can Change Your Life", "image" : [ "https://info.hoffman-hoffman.com/hubfs/fghragfdhrqgthnytrjn.png" ], "mainEntityOfPage" : { "@id" : "https://info.hoffman-hoffman.com/blog/how-being-an-employee-owner-can-change-your-life", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://info.hoffman-hoffman.com/hubfs/HH_Logo_RGB.png" }, "name" : "Hoffman & Hoffman, Inc." } } ```