RANDYS Makes Every Full-Time Employee A Company Owner
RANDYS Worldwide introduces its innovative Team Ownership Program (TOP) that shares the organization’s success in way that truly impacts the well-being of its employees – it makes them company owners.
“We are tapping into the mentality of an owner,” says Kevin Kaestner, RANDYS Worldwide President & CEO. “The mindset where being diligent about every detail pays off, where knowing a job well done impacts the collective good of everyone in the company, and where a strong company bottom line equates to a strong personal bottom line. Ultimately, we want to continue to embrace the values that got us where we are today. We’re celebrating 40th anniversary this year and a number of our employees have been with us for 20 to 25 years so it was easy to look inward and see the value of our workforce.”
TOP ensures everyone benefits from the success, growth, and value creation of the organization, aligns employees’ outlook with the company’s mission to continue to grow RANDYS, and attracts world-class talent to the organization.
RANDYS Team Ownership Program Highlights
- From February 15th through July 15th each full-time employee with 30 days under their belt will receive a grant valued at $10,000
- Employee grants only have cash value at a liquidity event i.e. company sale or distribution payout
- The award grant’s share value will be updated quarterly
- Shares are not transferable or saleable and are valid only as long as employee is on active status
TOP joins one of the most lucrative employee referral programs in the industry. RANDYS Refer A Friend program rewards an employee who refers a candidate who gets hired and has an incentive for new hires to sign on for the long haul.
RANDYS Refer A Friend Highlights
- Employee Referral – Up to $2,500 paid in $500 increments over one year
- New-Hire Incentive – Up to $1,000 paid in $250 increments over one year
RANDYS’ mission is to become the employer of choice in the drivetrain industry and our local community. This program illustrates the value that RANDYS places in its employees and its intent to hire employees that will be with the for the long run. When you join RANDYS you get more than a paycheck, you also get a piece of the action.
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