Employee Owned Company
Sleep Train became an employee owned company in 2010 with the introduction of a new Employee Stock Ownership Plan (ESOP).
All qualified employees now share in Sleep Train’s growth and prosperity by obtaining shares of the company at no cost to them. The ESOP plan is an addition to the company’s existing successful 401k plan. Sleep Train is proud to be able to share the success of the company directly with the people that work so hard every day. ESOP’s are established to inspire a sense of ownership in the company within employees, enabling them to strive for a common goal of success, which in turn benefits them upon retirement.
“We’re proud to be able to share the success of our company directly with the people who helped us get here – our employees,” said Sleep Train founder and CEO Dale Carlsen. “We’ve got a great team of individuals who deserve to be rewarded for their hard work and the ESOP plan we’ve developed is designed to do just that. We’ll be joining the ranks of other well-known employee-owned companies including Proctor & Gamble, WinCo Foods and more.”
As an employee owned company, customers can rest assured that everyone from our sales professionals to delivery drivers are entirely committed to your satisfaction. The employees own their own future and each and every one of them are responsible for making your experience a great one. This gives customers the best of both worlds, the buying power of a big corporation plus the personal service of a neighborhood business.