BERLIN Packaging has announced the introduction of its new 1Berlin Shared Ownership Program, which gives all employees an ownership stake in the business.
The hybrid packaging supplier said sharing ownership with all employees solidifies the company’s dedication to investing in its workforce and fostering a ‘positive and inclusive’ environment. No investment is required from employees to participate in the initiative, and every employee with at least two years of continuous employment will be automatically enrolled.
“We’re introducing our 1Berlin Shared Ownership Program now because our team has collectively persevered through the last four years of pandemic disruption with unprecedented grit and resiliency,” said Bill Hayes, global CEO and president of Berlin Packaging. “Everyone contributes to our success, and everyone should share in our future success and value creation. We’ve always been ‘1Berlin,’ but now we’re putting our money where our mouth is.”
Moving forward, all employees will receive ongoing financial acumen training and will participate in quarterly ‘Ownership Updates’ with the company’s leadership team.
