The Ōnin Group, which ranks No. 13 on the list of largest industrial staffing firms, announced on Oct. 3 that it’s putting in place an employee stock ownership plan. The Birmingham, Alabama-based firm said the plan will allow workers to receive company stock, instilling a sense of belonging and contribution.

“Every Ōninite plays a pivotal role in our growth, and it’s only fitting they share in the rewards of that growth,” COO Jim Weaver said in a press release.

Other staffing firms have also put ESOPs in place. In 2021, QPS Employment Group, a Wisconsin-based staffing firm announced its own plan. ESOPs are discussed in this post in The Staffing Stream.