Employee Stock Ownership Plan (ESOP)
Guarantee Electrical Company employees are more than just paid workers. They’re also part owners in Guarantee Electrical Company, thanks to our Employee Stock Ownership Plan (ESOP). Successfully launched on October 1, 2005 and successfully completed on October 1, 2015, the ESOP was designed to help grow the company by facilitating the transfer of company ownership from the founding Oertli family to Guarantee employees. ESOP is 100% company funded and is part of Guarantee’s retirement benefits package.