Employee Ownership
Shared ownership. Shared outcomes.
Shared ownership brings a deep sense of commitment and shared accountability ensures we stay aligned with our values and true to ourselves. As employee owners, we are invested in each other’s success. We demonstrate this in the way we collaborate and support each other. We recognize that every one of us plays a meaningful role in shaping our future, and we take that responsibility to heart.
The future we’re building belongs to all of us.
Employee ownership at Herrera is made possible through our Employee Stock Ownership Plan (ESOP). As a qualified retirement plan, the ESOP holds company shares in trust for employees, giving each of us a meaningful stake in the company’s success. The plan is funded entirely by company contributions, and employees earn shares over time.
Ownership builds gradually. Shares vest according to a defined schedule, and an independent valuator determines the fair market value of our shares each year. When employees retire or leave the company, they receive the value of their vested shares, providing a meaningful long-term benefit that recognizes their contribution to our mission.
I’m proud to work at a company that intentionally builds its staff up and supports its people’s interests.
Lauren Ode-Giles GIS Analyst