Employee Ownership << United Labs, Inc.

It’s More Than a Financial Payoff

Consider the rewards of being an employee-owner of United Laboratories, Inc.

Financial
United Laboratories, Inc. is approximately 95% employee-owned. This ownership is primarily maintained through a leveraged ESOP (Employee Stock Ownership Plan), more specifically, a plan funded by loans. Employees receive shares based on the amount of principal and interest paid on the ESOP loans.* No contributions are required by employees.

As you can see in the chart below, United’s unit Share Value has increased over 389% in the past ten-years.

Share price is determined by traditional factors such as total sales, total expenses, industry economic factors, loan payment and history, the company's forecasts and company management. Imagine the continued growth of your shares without having to contribute anything from your personal earnings.

Participation
Being an employee-owner, the level of participation throughout the organization is greater as many teams and groups are formed outside your normal role.

Community
United falls in the category of a medium-sized company. This offers employees the opportunity to feel part of an organized and professional company, fostering a strong sense of community. The fact that we are employee-owned furthers our commitment to working together towards a common goal. So much so, that many employees have additional family members working at the company. We are all in this together.

Fairness
Not only is it a benefit of ownership, it is one of United’s core values. United strives to create an environment where employees feel they are treated fairly. We are an Equal Opportunity Employer (EOE) and we post job openings within the organization for opportunities for career advancement. The results show, as the average length of service for an employee is 12 years!

*Employees starting before July 1 in a calendar year become a participant at the end of that calendar year, providing certain requirements are met.