In May 2017, DVL's poster design, seen above, was selected as a finalist
in the ESOP Association's annual Employee Ownership Month Poster Contest.
DVL is an ESOP. An Employee Stock Ownership Plan (ESOP) is an employee benefit plan which makes the employees of a company owners of stock in that company. Several features make ESOPs unique as compared to other employee benefit plans. First, only an ESOP is required by law to invest primarily in the securities of the sponsoring employer. Second, an ESOP is unique among qualified employee benefit plans in its ability to borrow money. As a result, "leveraged ESOPs" may be used as a technique of corporate finance. (Source: www.ESOPAssociation.org )
In this short video, Joan Burton, a retired DVL employee, discusses
what it has meant to her to be a member of DVL's ESOP, both before and after she retired.
"DVL was founded on hiring and growing great people, representing first class manufacturers and suppliers, and finding ways to add value to the products we sell to our valuable customers. After lots of investigation on how to both capture the economic value of the company and reward all the folks who enabled us to grow such a great business when it was sold, it became apparent that an ESOP served both purposes well. I believe an ESOP provides a great vehicle for financial growth of all our hard working associates, one that will continue to generate benefits long into the future." - Mike Murphy, Chairman of the Board and former CEO
Why be an Employee when you can be an Owner?
DVL Group, Inc. seeks and values people of all backgrounds because every employee, customer and business partner is important. DVL Group, Inc. is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability.
DVL offers the following highly competitive compensation and benefits package:
We also believe that beyond benefits, associates should be valued and respected. We recognize efforts through regular, ongoing feedback and participation in our annual bonus program.