Wright-Ryan Uses ESOP to Recruit Workforce
Portland-based Wright-Ryan Construction has converted to an employee stock ownership plan, in part to succession planning on the part of its founders John Ryan and Tom Wright, as they near retirement, but also as a means of creating an incentive that will attract younger workers to the company. The company's background and focus is featured, as well as the construction industry in general. [images]
Construction industry, Employee ownership, Wright-Ryan Construction
Schreiber, Laurie, "Wright-Ryan Uses ESOP to Recruit Workforce" (2016). Maine News Index – MaineBiz. 6850.
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