to help align both sides of the IRI business under one streamlined procedure. Despite the company’s success, attracting a younger workforce has become another challenge, especially with the added duty of educating all employees about the benefits of the ESOP and employee ownership.. Industrial Resources is mostly a skilled laborer shop, so it has done a great job retaining an incredible roster of top-quality, dedicated tradesmen. However, that workforce is aging, and the nature of the work, often involving long hours and hard physical labor, makes it difficult to attract younger talent. To combat that, Industrial Resources is investing more into promoting the benefits of an Employee Stock Ownership Plan, emphasizing the longterm rewards of ownership and the potential for retirement savings. However, in the short term, IRI’s leadership has also made it a point to provide its employee-owners with above-and-beyond support. “That means when you need tools, we buy tools. You need safety equipment, we’re securing it; you need a certain schedule? We’ll work with you,” Kallshian says. Proud to serve as IRI’s ESOP Trustee Proud to support IRI www.genesisESOP.com (317) 979 - 8090 briang@genesisesop.com www.pacefinancial.biz (317) 447 - 8636 bgoldner@pacefinancial.biz Allison Creek emergency spill response barge. 132 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 06
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