Employee Stock Ownership Plan (ESOP)

ECS is proud to be a part of the legion of approximately 11,500 firms that have established an Employee Stock Ownership Plan (ESOP).  "The timing is right to continue our growth trajectory and to maintain the strong commitment of our dedicated and passionate employees," said Mark Hellstein, Founder.  "The employees have made this company what it is and they deserve the opportunity to control their destinies." 

Through an established ESOP, employees are allocated stock that is placed in an ESOP account for each employee.  Over time, the employees develop full, non-forfeitable rights to the assets in their account.  After this vesting process and when employees leave the company, they receive the cash value of the stock in their accounts (usually at retirement).