Employee Ownership in the News – Employee Owned Companies Are Retaining More Workers During The Great Resignation

Ever wanted to work for an ESOP? Now is the time! Check out this NBC News segment about the benefits of working for an employee-owned company and see why ESOPs are among the companies retaining more workers during The Great Resignation.

“New data released by the Labor Department says that over 47 million Americans quit their job in 2021 creating the “Great Resignation.” NBC News’ Senior Consumer Investigative Correspondent Vicky Nguyen reports on how companies like Publix and Clif Bar have strategies for retaining employees in the midst of the historic job turnover.”

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In the meantime, enjoy these fun facts…

Did you know… Cross Company is an ESOP (Employee Stock Ownership Plan). Our ESOP started in 1979 and as of 2006, we are 100% employee-owned! Learn more about our ESOP and how that benefits both team members and our customers.
Did you know... the precision measurement group at Cross was founded in 1939 by our current CEO's grandfather, Jim King. That's a whole lot of calibration!
Did you know... A fingerprint weighs about 50 micrograms. We know, we weighed it! The residue left from a finger can actually make a difference in weight results which is why we wear gloves when we calibrate weights. For reference, a sheet of paper is about 4.5 grams, that’s 4.5 million micrograms.
Did you know… Cross Company has grown significantly since our start in 1954. Over the years we've acquired 26 companies! Today, our five groups have expertise in everything from industrial automation to precision measurement, and industry knowledge going all the way back to 1939.