Industry: HR, Benefits & Change Management Communications
Parsons Corporation is a digitally enabled solutions provider founded in 1944 — their focus relies on the defense, intelligence and critical infrastructure markets around the world, making the world safer, healthier and more connected. Parsons thrives in their efforts on making the world a better place by implementing good values, social responsibility and a giving back program.
Parsons partnered up with Blue to implement the Employee Stock Ownership Plan (ESOP), which is meant to add a significant part to their employees’ overall benefits and total rewards. The ESOP gives each employee a unique opportunity to build their wealth based on the company’s success and gives them the flexibility to diversify their investments based on their risk tolerance and preference. The ESOP automatically contributes a percentage of each employee’s eligible pay leading to a substantial source of future income for the employee.