parametrix inspired people blog

What Does Employee Ownership Mean? Join Our Team of Owners


Maybe you’ve heard about employee ownership – but do you know the impacts that this business model has on culture, stability, and wealth building? Parametrix is a well-established employee-owned company. Founded in 1969, our original owners decided to transition the company to the employees in 1992. In 1999, we became 100% employee-owned. 

Ownership Culture 

  • Alignment: We are aligned in our goals because we all have a shared interest in making the company more successful. 

  • Commitment: We invest in our employee-owners. We put our people first because shared ownership increases commitment. 

  • Relationships: Our people are in it for the long-term, which strengthens bonds, increases collaboration, and fosters mentorship. 

  • Accountability: We only succeed as owners if everyone contributes. We hold each other and ourselves to high standards. 


Job Stability 

  • Retention: In the 2020 recession, ESOP companies were between 3 – 4 times more likely to retain staff at all levels.* Parametrix had a turnover rate of just 6.1% in 2020. 

  • Job Stability: In 2020, about one-third (35.5%) of majority ESOP companies cut hours for one or more employees. By comparison, nearly two-thirds (62.9%) of other companies cut hours for one or more employees.* At Parametrix, we had more changes from on-call to full or part time than changes from full or part time to on-call during 2020. 

  • Pay: Throughout the last recession, only about a quarter (26.9%) of ESOPs cut pay for any employee, compared to more than half (57.3%) of other firms.* Total salaries for Parametrix employee-owners increased by 2.5% in 2020. 

*Source: Blasi, J., & Kruse, D. (n.d.). (rep.). Employee Ownership Foundation. Retrieved from 


Wealth Building  

Through employee ownership, everyone at Parametrix shares in our success. Yearly contributions of company stock can make a huge impact. Parametrix targets providing a 6% employee stock ownership contribution and often exceeds the target significantly. Here is an example of what that could look like: 

A bar chart showing potential growth of an ESOP account over a 6 year period. The balance starts at $10,900 at year 1 and grows to $139,300 by year 6.


 Interested in becoming an employee-owner at Parametrix? 

 Learn more, explore opportunities, and apply at our careers page