DVL is an ESOP. An Employee Stock Ownership Plan (ESOP) is is an employee-owner program that provides a company's workforce with an ownership interest in the 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 )
On Wednesday, Sept. 12, 2018 in Hershey, PA, DVL Group was named "ESOP Company Of The Year" at the ESOP Multi-State Conference. DVL was awarded this recognition because of the commitment that they have shown to employee ownership. As winner of this chapter award, DVL is now eligible for the national ESOP Company of the Year award at the May 2019 ESOP National Conference.
DVL Group’s employee ownership marketing efforts were recognized by the ESOP Association at their Annual Awards for Communications Excellence Dinner on Wednesday, May 23, 2018 in Washington, DC. Members of DVL's ESOP Communications Committee (ECC), were in attendance for the Awards Dinner, which was held as part of the ESOP Association’s Annual National Conference.
"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
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.
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.
We have offices in Bristol, PA, Albuquerque, NM, Englewood, CO (Denver), and Harrisburg, PA.
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.