April 15, 2024, Denver, Colo. – SCRAM Systems®, in partnership with The Riverside Company, recently announced the launch of an employee equity ownership program, naming all employees immediate owners of the organization.
The program is powered by Ownership Works, a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth at work.
The program is designed to facilitate a culture of shared ownership, aligning the interests of employees with the long-term goals and objectives of the company.
“It’s an exciting day at SCRAM Systems. In partnership with our majority investor Riverside and Ownership Works, we are committed to fostering a culture of ownership. By encouraging our team to work together toward a shared goal of continued excellence and growth, we will be unstoppable. This program will allow us to serve our internal and external customers better, and will reward employees for their impact and engagement,” Chris Linthwaite, SCRAM Systems CEO said.
“Riverside is thrilled to support SCRAM Systems’ adoption of Ownership Works as part of our ongoing commitment to SCRAM’s employees,” said Marc Jourlait, Chairman of the Board of SCRAM Systems. “By providing ownership and participation in the value creation of the business, SCRAM Systems aims to further engage and motivate employees, driving performance, and collaboration across the organization.”
View the video below for more information about SCRAM Systems’ Ownership Works Program.