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Employment Details
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Employee Stock Ownership Plan (ESOP)
In 1996, Charles Barry, Chairman and CEO of Twin City Fan Companies, Ltd, announced
the adoption of an employee stock ownership plan. "This is an opportunity for
us to share the success of our company with our employees, who are such a vital
part in making Twin City Fan a leader in the design and manufacture of our products,"
Mr. Barry stated in a press release.
"Employees now have a tremendous incentive to stay with our company,"
according to Mr. Barry, "since they will share in all of the growth in the
block of stock being acquired in this and succeeding years." He stated that
the company plans to make significantly greater contributions to the ESOP plan than
it had to its previous retirement plans. Over and above that, the employees now
have a direct share in the growth of their company.
The implementation of the ESOP supports our company's
mission statement, which in part provides that we will be a quality
company in all that we do and that we will enhance and sustain our company culture,
enabling us to develop the people who contribute to our success.
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Compensation and Benefits
Twin City Fan Companies, Ltd. offers both competitive salary and bonus plans, as
well as a comprehensive benefits program, which includes the following:
- Employee Stock Ownership Plan (ESOP)
- 401(k)
- Comprehensive Medical Insurance
- Prescription Drug Coverage
- Dental Insurance
- Life Insurance
- Disability Insurance
- Paid Vacation and Holidays
- Flexible Account Reimbursement Program
- Employee Assistance Program
- Education Reimbursement Program
- Scholarship Program
- Credit Union
- Wellness Program including on-site workout facility
- On-site Computer Learning Center
- Relocation Assistance
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