With a high volume of open jobs and a staggeringly low unemployment rate, Colorado has no shortage of opportunities for top-flight talent. So as employers look for ways to keep their teams happy, many are raising the stakes by offering team members a literal stake in the company.
Check out these five local tech companies that take the concept of “ownership” to the next level.
Conga helps businesses run more efficiently by offering a suite of tools that simplify the automation of data, documents, contracts and reporting. In addition to perks like a $1,200 annual professional development stipend and 401(k) contribution, Conga employees receive equity in the company via stock option grants. In other words, employees aren’t just invested in their work; they're invested in the business.
NetApp SolidFire provides hybrid cloud infrastructure and storage to a global base of customers through its suite of SaaS products, professional services and operational support. The company has centered its culture around its people, so it’s no surprise that it offers a robust perks package. And as a publicly traded company, NetApp is able to offer employees the option to buy company stock that has real market value at the time of purchase.
Denver-based SaaS company Thanx helps businesses leverage data to develop deeper relationships with their most loyal customers. The company internalizes its mission by rewarding the loyalty of its employees with a stake in the business. According to the company’s website, “All Thanx employees own a part of the company. Everyone works hard and everyone shares in the company’s success.”
Trustpilot is a review platform that helps consumers make informed buying decisions and discover new businesses — both online and in their local communities. The company touts a culture of collaboration, support and, above all, ownership. But they don’t just want employees to take ownership of their work. By offering stock options to its employees, Trustpilot also helps its team take ownership of the company’s overall success.
Tendril’s Energy Services Platform connects energy providers with consumers, helping them to better engage, inform and understand the people they serve. The company’s values-driven culture encourages employees to do the right thing and be bold and accountable — and nothing drives accountability like a stake in the game. Stock options are offered to all Tendril employees and grants for the purchase of Tendril common stock are subject to board approval.
