National Trench Safety announced it is implementing an Employee Equity Participation Program which will award up to $8 million in equity participation units to full-time and permanent employees annually. The EEPP is designed to align the company’s mission to recognize valued employees and to deliver customer service with incentivized employees.
One of NTS’ core values is a commitment to be “the employer of choice.” The equity participation program and NTS’ overall employee reward philosophy is aligned with this commitment.
“Employee ownership interests in specialty rental businesses are always tightly held, usually in the hands of a few executives,” said president and CEO Phil Mason. “Now with this progressive and all-inclusive Employee Equity Participation Program, every NTS employee will benefit from their hard work in building this great company. This is one more great benefit provided to our NTS employee community where we already provide full medical, dental and vision plans, paid time off, 4 percent 401K matching, tuition assistance, tuition repayment assistance, child care benefits, etc. Better still there is no qualifying or probationary period to wait out, the participation awards are provided immediately to all new hires in accordance with the program terms.”
National Trench Safety is based in Houston and has 65 branches in the U.S. and U.K. Visit www.NTSafety.com.