While there are more than 33 million small-to-large businesses across the United States, only around 6,500 companies offer an Employee Stock Ownership Plan (ESOP). In an ESOP, company efforts are dedicated to sharing profits with their employees, in turn helping bolster employee retirement efforts. One of these companies committed to doing just that is Grato Holdings from Woodbine, Iowa.
The employee-owned corporation is the parent company of well-known natural health product and dietary supplement brands Peaceful Mountain, Energique, Liddell, Bold Botanica, and Apotheca. Grato Holdings, which formulates and manufactures its own products at its Woodbine, Iowa and Gainesville, Georgia locations, has been quietly gaining traction as one of the most prominent ESOPs in Iowa.
Grato Holdings offers an employee stock ownership plan (ESOP) to employees, in addition to a myriad of benefits including wellness incentives and discounts, paid holidays, and medical and dental plans. “Our employees benefit when the company benefits,” says Grato Holdings CEO, Mike Evans.
Evans went on to state, “While we are committed to making Grato [Holdings] the best place to work while helping to improve people’s health, we’re also involved in initiatives that strive to make the world a better place, and that’s exciting.”
As the company expands, so do employment opportunities at its Iowa and Georgia offices
- Production Tech – Woodbine, Iowa
- Lab Technical Manager – Woodbine, Iowa
- Customer Service Representative – Woodbine, Iowa
- Lab Scientist – Gainesville, Georgia
- Production Tech – Gainesville, Georgia
- Facility & Maintenance Manager – Gainesville, Georgia
A 2017 study by the National Center for Employee Ownership (NCEO) showed that employees who participate in an ESOP had a 33% higher median income from wages, a 92% higher median household net worth, and were more likely to have access to work benefits than employees in comparable non-ESOP companies.
Those who are interested in opportunities available at Grato Holdings are encouraged to apply at ApothecaCompany.com/careers/ and to learn more about the company by following on Facebook, LinkedIn, and Instagram.