You, Me and All of We!
To qualify for the ESOP, you must be at least 21 years old, work six consecutive months, and complete 500 hours.
What is Participant Eligibility?
The acronym ESOP stands for these four words.
What is Employee Stock Ownership Plan?
Employee Ownership Month is celebrated during this month.
What is October?
Receiving your ESOP balance as installments or a lump sum rollover is known as this.
What is a distribution?
Simphony and Skytab are examples of Point of Sale systems for this verticle.
What is Hospitality?
Take Ownership. Embrace Change. Cultivate Knowledge. Prioritize People. These are examples of this.
What are NCBP's core values?
This retirement benefit gives employees ownership in the company through company stock.
What is an ESOP?
Creating long-term wealth for employee-owners is one goal of this.
What is an ESOP?
Staying with the company longer increases your opportunity for this to grow over time.
What is your ESOP account balance?
This is a monetary bonus you can earn by making a recommendation which results in selling a Managed Services Solution.
What is a spiff?
This is the first day of the plan year after you meet eligibility requirements, or your hire date if later.
What is the ESOP entry date?
This is the reason and the purpose NCBP became an ESOP company.
What is empower associates as owners?
Each year, an independent valuation firm reviews performance, debt, and future outlook to determine this.
What is the ESOP share value?
After this many years as an ESOP participant, you are 100% vested.
What is six years?
SMS and Encore are examples of products in this vertical.
What is Grocery?
This process determines how much of your ESOP account you officially “own,” increasing over time until you are at 100%.
What is Vesting?
NCBP became 100% Employee Owned this year.
What is 2003?
Each year, company contributions are credited to your ESOP account in this form.
What are company shares?
This event makes you eligible to begin receiving your ESOP distribution.
What is Retirement, Separation, Disability, or Death?
The ticketing system we used before Connect Wise
What is NextGen?
This mindset turns “someone should fix that” into “I can help fix that.”
What is an ownership mentality?
NCBP was founded in this year.
What is 1948?
The criteria to become eligible to diversify a portion of your ESOP account.
What is 55 with 10 years of service?
This is where you can see your ESOP Balance, which is updated each year.
What is ADP Workforce?
This was our 2024 Share Price Value.
What is $1578.25?