Employee Stock Ownership Plan (ESOP)
New England Controls is established as an Employee Stock Ownership Plan. Under this plan every regular full time employee becomes integrated as an “Owner” of New England Controls over the duration of their career. This unique set-up provides every individual to drive the success of the business from a perspective not available in most company settings.The success of New England Controls is a direct reflection of the high quality individuals that we hire and because of that New England Controls is committed to providing a rewarding career experience.
Every regular full time employee will have the option of joining one of the plans that are provided by New England Controls. The options include, but are not limited to: Individual, Individual & Spouse and Family plans. Additional options include Dental Insurance, Life Insurance, Long & Short Term Disability Coverage and an array of other offerings.
As your career progresses and you approach retirement, planning for that step in life is vital. To help with that process New England Controls provides access to a 401k plan that allows for employee contributions after they have been with New England Controls for a period of six months.
Because of our fundamental belief that knowledge drives success we encourage our employees to build on their existing educational foundation. With that in mind, we support those who seek to further their education by providing a Tuition Assistance Plan.
Understanding and being active in our community is a fundamental belief at New England Controls. In order to promote this, we are active in a number of volunteer opportunities over the course of the year.