Ocaquatics Swim School is now 100% employee owned! This transition preserves both our core values and at the same time positively impacts the financial future of our long-time team members. Employee ownership means our core values don’t change and brings even more advantages to customers, team members and the broader community. The many benefits associated with employee ownership include:
* Community Impact: A swim school owned and operated by its employees has a positive impact on the Miami community by providing high-quality swimming lessons and promoting water safety.
* Employee Engagement and Motivation: Employees who are directly impacted by the success of the swim school are likely to be more engaged, motivated, and committed to the company's success. This leads to higher productivity, better performance, and providing excellence instruction and customer service.
* Increased Productivity: Studies show that employee-owned companies tend to be more productive than their counterparts. This is often attributed to higher levels of employee engagement, as well as a greater sense of ownership and accountability.
* Stability and Job Security: Employee ownership contributes to the stability and job security of instructors and staff, because they have a more vested interest in the long-term success of the school. This can help reduce turnover and attract top talent.
* Alignment of Interests: With ownership, instructors and staff have a direct interest in ensuring the success and reputation of the swim school, aligning their goals with those of the business. This fosters a stronger sense of teamwork and collaboration.
* Retirement Benefits: The employee ownership structure offers team members an opportunity to accumulate wealth over time as the value of the company grows. This serves as an important retirement benefit providing for their future financial security, especially when the company performs well.
* Local Hiring and Community Involvement: Employee-owned companies tend to have a positive impact on the communities in which they operate. An employee-owned swim school might be more committed to local hiring, community involvement, and sustainable business practices, further strengthening its ties to the Miami community.
* Preserving the company's legacy and values: The EOT terms protect what the founder created. It ensures that a company continues to do the same important and exciting work that matters - becoming safer in, on and around water with a splash of fun.
At Ocaquatics, our purpose remains our purpose - to make a positive difference for our team, our families, our community, and our planet.
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