SIFT now 100% Employee Owned

SIFT recently became a 100% Employee Stock Ownership Program company.
- An employee stock ownership plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company in the form of shares of stock.
- ESOPs encourage employees to give their all as the company’s success translates into financial rewards.
- They also help staff to feel more appreciated and better compensated for the work they do.

A Harvard Business Review study said "annual employment growth outstripped that of the comparison companies by 5.05%, while sales growth was 5.4% faster. Moreover, 73% of the ESOP companies in our sample significantly improved their performance after they set up their plans."