Ad Agency Retools its Recruiting: VIA Uses Recent ESOP to Attract and Retain Top Talent
The Portland-based advertising business VIA Agency, has employed an Employee Stock Ownership Plan (ESOP) as a way to attract and retain talented individuals, as well as staving off larger out-of-state agencies from absorbing the business. Some of the details of how the decision was made are presented, and other ways in which the business has encouraged employee creativity, which in turn benefits the company. [images]
Advertising agencies, Employee stock options, Employee ownership, Business planning
Van Allen, Jennifer, "Ad Agency Retools its Recruiting: VIA Uses Recent ESOP to Attract and Retain Top Talent" (2016). Maine News Index – MaineBiz. 6704.