Business View Magazine Apr-2023
37 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 4 BUEHLER ’ S FRESH FOODS cash flows and paid down debt. Buehlers is now able to invest in store remodels, make technological improvements, and potentially make acquisitions. Employees are aware of the growth in the business and the priority of investing back into the company for more growth. One of the significant issues in all industries across the country is employee retention. Buehlers believes the ESOP’s structure positively affected their employee retention. For example, eligible employees that remain employed through December 31st of each year receive a share allocation. By leaving mid-year, the employee potentially forfeits an additional share allocation. Employees delay their plans to leave for another job, and instead remain active throughout the year. The incentive of receiving a share allocation is an effective driver of employee retention – especially for those who are long-term employees and have already received yearly allocations. Recruiting new employees includes the benefits of joining an ESOP. Yvonne Monea said, “Candidates Mike Davidson
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