NHS Northstar is proud to be 100% employee owned.
How this works
Employee ownership gives employees the ability to benefit from the value of company stock. The ESOP is governed by a trustee who must act for the benefit of participants. The company operates under the direction of management and oversight by a board of directors. As a qualified employee benefit plan, ESOPs are regulated by the Department of Labor and the IRS according to the guidelines of the Federal Employee Retirement Income Security Act (ERISA).
What this means for our culture
Employee owners have a stake in the company and an opportunity to reap the rewards of ownership. This means that the efforts of everyone working together to make the company a success directly impact our employees. This pride of ownership brings our employees an increased sense of satisfaction, which is reflected in the way they work. We believe that everyone we work with benefits from the efforts of our employee owners.
We are members of the National Center for Employee Ownership and The ESOP Association: