15 May 2018
GAI Consultants Response
8yThank you for taking the time to share your thoughts. GAI is currently experiencing unprecedented growth, and we recognize that ongoing achievement requires a commitment to continuous improvement by our company and staff. We encourage engagement and feedback, and firmly believe it helps support this commitment.
We absolutely agree that GAI’s people are some of the best in the industry. We want our employees to enjoy long, fruitful careers with GAI, and our increasing success helps fund the ways we invest in their professional growth and reward their contributions.
The feedback touched on our Employee Stock Ownership (ESOP), Direct Stock Ownership (DSO), and MBA programs. Like any structured program, these benefits are guided by formal policies, and we seek to be transparent in how our guidelines are communicated.
The post-employment buyback of GAI stock from our DSO programs is phased over a period of time to spread out cash flow and help maintain a healthy stock value to the benefit of all GAI stock owners. The ESOP payout is phased in accordance with Employee Retirement Income Security Act (ERISA) guidelines, and any observed dilution of ESOP value is primarily due to the addition of new employees, a function of GAI’s growth.
With regard to concerns about our corporate MBA program, GAI covers a portion of each participating employee’s tuition fees, and in return the employee agrees to a 5-year commitment to GAI. Those who leave GAI sooner are indeed required to repay the company’s investment. We hope the degree earned with the help of our MBA program will benefit former GAI employees wherever the future takes them.
We hope this helps illustrate how some of GAI’s employee benefit programs work. Thank you again for your feedback, and as GAI grows, we will continue to explore ways to enhance each employee’s life both inside and outside the GAI workplace.