Employee Owned
Here at Imagine, we know that our success is due to our incredible staff. In 2018, we made the decision to transform Imagine into an Employee Owned Company, or ESOP.
As an employee-owned company, we are making good on our commitment to our teachers, administrators and directors. They, along with the others following in their footsteps, deserve recognition and opportunity to continue shaping Imagine’s future.
is the first and only Employee Owned Childcare company and our goal is for Imagine to be 100% employee owned.
Employee ownership is an increasingly popular model to drive profitability and productivity, reduce staff turnover, and drive strong culture. At Imagine, all of our teachers and staff are owners, which means that they receive financial benefits (in the form of a no-cost retirement fund) and have an active role in making decisions about the direction of the company. In an industry historically hurt by high turnover and low wages, we believe employee-ownership can be a game changer that benefits teachers, staff, families and children.
“It’s a great reflection on how well our company is doing, as well as a great benefit to have! I’m happy that it does not come out of my paycheck!”
As an Imagine employee, you can work towards becoming an owner. With this title, you will not only receive your salary, but you will receive a share of Imagine’s profits in the form of a retirement fund.
In addition to the financial benefits, as an owner, you will have a voice in the day-to-day decisions that make Imagine grow and thrive.
Ownership Roadmap
Imagine has always been a team, and the employees are crucial to that team. In my view, they deserve to be rewarded both for their excellent work and for sticking with the company over the years. Change is good. It’s time for a new group of leaders to take Imagine into the future as an employee owned company.”
- Holly Saltzman, Imagine Founder & Board President
More About ESOPS
An ESOP is a qualified retirement plan governed by ERISA laws similar to a 401K. The big difference is the employees do not have to invest any of their own money. A portion of the profits of Imagine (depending on the employee’s salary and length of employment with Imagine) will be put into retirement accounts for qualified employees. That account will grow as Imagine grows. This money will be available to employees after their retirement. If an employee leaves before retirement age, the value of the account can be transferred into another qualified retirement account.
