Dog Dad Wagon
Autocross Champion
Company loyalty...what is this bizarre concept?!
4 letters:
ESOP
Employee stock ownership program. Wawa is private, one share is $14,863. You get free shares as part of your total comp every year, and the amount of shares you get is based on your position level. The company has explicitly defined rungs on the ladder. I’m now on the 4th rung, and I’m fully vested so my ESOP is already bigger than all the money wawa has ever paid me in wages.
People stay at wawa for 30+ years, and retire with 10+ million in the bank.
I’m 27 and already have 9 years under the belt. 28 more years till 55, so I’ll have worked for Wawa for 37 years.