Employee-Ownership
Building Success Through
Shared Investment
Harkins employees are owners through our Employee Stock Ownership Plan (ESOP), fostering a shared commitment to excellence and mutual success. This plan offers employee-owners equity, fostering a culture of collaboration. Together, we’re building Harkins’ future and delivering exceptional results.
Ownership in Action
Shared Success
Harkins employee-owners directly benefit from the company’s success and growth.
Pride in Every Project
Our employee stock ownership plan fosters a culture of shared commitment.
Empowered Workforce
Our employee-owners take pride in their contributions and strive for excellence in every project.
Longevity and Retention
Our ESOP structure reduces turnover by fostering loyalty, with turnover rates one-third below the national average.
How It Works…
Eligibility
Employees must be at least 18 years of age, complete one year of service, and complete 1,000 hours each plan year.
Contributions
Harkins contributes to employees’ ESOP accounts, adding company stock or cash. Contributions are based on compensation.
Vesting
Over three to six years, employees gradually become vested, with ownership increasing alongside their tenure.
Annual Valuation
The value of every employee’s ESOP shares is determined each year by an independent appraiser to ensure fair market value based on Harkins’ growth and performance.
Separation & Distribution
Upon departure from Harkins, the ESOP account is held until it can be converted into cash for retirement, according to the plan guidelines.
$61M
Benefits
Paid
10%
of eligible compensation has historically been contributed by Harkins to each employee’s ESOP account, in either cash or company stock.
$110M contributed by Harkins to the ESOP, investing directly in our employee-owners.
13 years marks the average tenure of those active in our ESOP.
Any Questions? We Got You
What is ESOP?
An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that gives employees ownership interest in the company through shares of stock. Harkins’ ESOP is a tax-qualified retirement plan to help employee-owners prepare for their future.
What is the purpose of ESOP?
An ESOP is an effective tool for ownership succession planning while also enabling employees to share in the company’s success.
What are the ESOP eligibility requirements?
To be eligible, one must be at least 18 years of age, complete one year of service, and complete 1,000 hours each plan year.
How do employees receive their contribution?
Employees have historically received 10% of eligible compensation to their ESOP account in the form of cash or stock.
Real Stories From Our Employee-Owners
Trey Bates, Lead Superintendent
“Being part of an ESOP is more than just having a job; it’s about empowerment. It’s about knowing that my hard work today contributes to something much bigger tomorrow—something that’s mine, something that’s shared by my colleagues, and something that has the potential to build generational wealth. That sense of ownership gives us all a deeper sense of pride and responsibility in what we do, and that’s priceless.”
Tracey Chapman, Director of Contract Administration
“At Harkins, 100% employee ownership creates a genuine sense of belonging. You’re not just here for a job — you have a vested interest in the company’s success. It makes you feel like a true part of something bigger. And without any out-of-pocket cost, I’ve been able to build a growing nest egg for the future.”
Join A Team
That Is 100% Yours
Invest in your future and your community by becoming a Harkins employee-owner. Whether boots on the ground or behind the scenes, everyone makes a difference in each project we pursue.
