Doug Bawel, CEO, and Zach Bawel, COO are brothers who run Jasper Engines & Transmissions together. With more than 2,100 associates, five manufacturing facilities, and 46 branches, Jasper is the largest remanufacturer of gas and diesel engines, transmission, and differentials in the United States.
Jasper is unique in that they are 100% owned by their employees. This means the more the company grows, the more each employee benefits. Not only has this had a drastic impact on employee ownership, but their accountability has skyrocketed as well. In fact, the program has been so effective that revenue has almost doubled since its inception in 2010 (from $300 million up to $590 million in 2017).
In addition to their unique employee ownership structure, the Bawel brothers have implemented several other programs to foster a culture of engagement. Listen in to this week’s episode for practical culture-building ideas to incorporate in your organization.
