Cargas Systems receives employee ownership award

Cargas Systems is one of two recipients of the Innovations in Employee Ownership Award, administered by the National Center for Employee Ownership (NCEO) and the Beyster Institute at the Rady School of Business, University of California, San Diego.

The award recognizes Cargas as an employee-owned company that has demonstrated a commitment to promoting employee ownership and innovation in its workplace, the company says.

Cargas was recognized for its direct employee ownership, open to all employees, with a special emphasis on its Ideas Unlimited program. According to Cargas, Ideas Unlimited provides an annual forum for employees to present any idea to the company’s leadership team and other interested employees.

“We are honored to be recognized at a national level for our unique employee-ownership model,” says Nate Scott, president and CEO of Cargas. “We strive to foster innovative thinking about the way we do business, not just through our Ideas Unlimited program, but by asking all of our employees to think and act like owners each and every day.”

The Innovations in Employee Ownership Award highlights the innovative practices that result from an engaged workforce of employee-owners. By sharing these ideas with the employee-ownership community, the NCEO strives to encourage employee-owned companies to continue to innovate. Winners are selected based on a review of the impact their innovative practices have on the company’s culture, performance, employees, the industry, the employee-ownership community and the public perception of employee ownership.

Photo: Cargas Systems