In December of 2014, AXIA Consulting established an Employee Stock Ownership Plan (ESOP) and became a 100% employee owned company. This additional employee benefit provides employees with an ownership interest in the company and further enhances the company’s 401k, bonus, and profit-sharing programs that are already in place.
“Becoming an employee owned company is consistent with our belief of putting our people and clients first. We are extremely excited that our consultants, who work tirelessly every day to provide value to our clients, will be able to share in the rewards of AXIA Consulting’s success,” said Ed Mueller, CEO, AXIA Consulting.
The ESOP transaction will not change company operations. AXIA Consulting’s leadership team will continue to lead the company and its employees, who will now be able to benefit from the value of annual allocations of stock in the company.