BIRMINGHAM, AL NOVEMBER 20, 2015
Geographic Information Services, Incorporated (GISi), has been named the 2015 ESOP (Employee Stock Ownership Plan) Company of the Year by the New South Chapter of The ESOP Association at the Chapter’s Annual Meeting. The ESOP Association is the leading voice in America for employee ownership. The New South ESOP Chapter represents approximately 100 ESOP Companies in Alabama, Florida, Georgia, Mississippi and Tennessee.
GISi’s ESOP was established in July 2012, and was uniquely designed to support GISi’s company culture and goals—rooted in the value and pride of employee ownership. Today, GISi is debt-free and employees own 17% of GISi’s stock; with the goal of becoming 100% employee owned.
Currently, approximately 92% of GISi employees are participants in the ESOP program. The majority of these employees work outside of GISi Headquarters, with many working remotely from their homes. The distributed workforce presents ESOP communication challenges that birthed a vibrant engagement culture: monthly webinars to provide company-wide updates, an annual all-hands meeting that brings employees together, hosting a “guess the stock price” game each year and active promotion of national employee ownership month, coordinated by an ESOP Communications Committee who also hosts weekly “Lunch and Learn” webinars.
“One of the striking features of our employees is their independence and personal ownership. We believe management’s job is to provide the resources for our people to grow and thrive professionally. That’s what produces innovative technical solutions for our clients” Dale Dunham, Chairman and Founder GISi.
GISi is an award-winning GIS professional services firm located in Birmingham, Alabama, with offices throughout the United States. GISi has a passion for delivering customer driven location technology solutions to federal, state and local governments, and commercial organizations.
To learn more, visit gisinc.com or call (205) 941-0442.
Lori Page | Marketing Manager