Celebrating 25 Years!
The ESOP Difference
Becoming an ESOP in 1985, MEC laid down the foundation of a complete new thinking on how to go about business, affecting all aspects of the daily 'work' life and ownership culture of MEC employees. As employee-owners at MEC, we have an important advantage over employees of traditional companies. We have significant influence on the quality and reputation of MEC's products and services. And MEC is potentially worth more because customers and investors realize that ownership gives employees incentive to work harder, produce better results, offer better services, and be more innovative.
What an ESOP Could Mean To You
Let's think in relative terms. The more time put into a company you work for, the more you become invested and feel more a part of that company, but time is all you have invested and being a part of that company is just a feeling. Now let's take that situation into MEC as an ESOP company. The more time you put into MEC, the more you actually ARE invested with stock and ownership of Mayville Engineering Company. Managers and bosses are just as much 'workers' in ESOP terms as all other employees. In ESOP's we are all owners. So the more time you give to the company, the more ownership you literally have as a real investment in Mayville Engineering Company. The longer you work for MEC, the more you own, no matter what position you may have within the company.
Working for MEC is something to be proud of. Not only do the employee shareholders have jobs with competitive pay and benefits, they also are reminded of their efforts with quarterly and annual bonuses, ESOP share distributions, and ESOP share price growth. MEC isn't just A place to work. MEC is THE place to work.