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Massanutten Resort ESOP targets long term staff loyalty
Massanutten Resort embraces an employee stock ownership plan with about 3 000 total participants including retirees. Matthias Smith says the plan costs employees nothing and lets them cash out anytime while fostering ownership mindset. The program aims to attract and retain hospitality workers, with many long tenure staff, and aligns with guests through higher retention and long range company stability.
MENTIONED IN THIS ARTICLE
Harrisonburg
Nielsen Builders Inc
Truck & Equipment Corp
Glass & Metals Inc
ComSomes Inc
Great Eastern
Charlottesville
Krohn
Rockingham County
Massanutten
Matthias Smith
Smith