Accounting firm Burr Pilger Mayer has introduced an employee stock ownership plan that it is offering to all of its 325 employees.
Under the qualified retirement plan, employees will receive shares of common stock in BPM, offering them a vested interest in the firm's success. The ESOP not only provides a new benefit for employees, but also ensures that a solid succession plan is in place for those moving up the ladder to partner, as well as those partners approaching retirement.
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