Coming in at the 14th best place to work, the engineering, architecture and consulting firm moved up four spots from last year. Fortune recognized Burns and McDonnell’s stock-ownership plan as the major factor for its successful work environment.
A study, the Macroeconomic Impact of S ESOPs on the U.S. Economy, by Alex Brill, a fellow at the American Enterprise Institute and CEO of consulting firm Matrix Global Advisors, noted how employee stock ownership plans lead to “higher wages, wage growth and job stability” among many other benefits. ESCA is thrilled that the successes of employee-ownership are being noted in Fortune’s list.
Congratulations Burns & McDonnell on the honor of being listed in Fortune Magazine’s best companies to work for and for another successful year!