Employee Stock Ownership Plan

100% accountable and invested across the board

People walk around Harris like they own the place—because they do.

On August 1, 2012, Harris & Associates became a 100% employee-owned stock ownership plan (ESOP), S corporation.

What is an ESOP? 

An employee stock ownership plan (ESOP) is a qualified, defined contribution employee benefit plan designed to build long-term wealth for our employee owners. In effect, it is additional money contributed by Harris in addition to salaries. 

Why is Harris an ESOP?

Harris is proud to be a 100% ESOP for several reasons:

  1. to control our own destiny as employee owners,
  2. to commit a share of Harris' success to its employees,
  3. multiple studies have found that ESOP participants are more innovative and engaged,
  4. ESOP participants have been found to earn almost three times the retirement assets as workers in comparable non-ESOP companies,
  5. to lay the foundation for a financially sound future, and
  6. to ensure a successful succession plan for the company.

Learn about some of the other benefits of joining Harris »


Employee Stock Ownership Plan (ESOP)