There are over 100 employees at Boak & Sons who work in the residential and commercial roofing, siding, gutters, insulation and sheet metal departments. An important part of the company’s culture is the way Sam Boak supports his staff beyond the traditional responsibilities as an employer. August 14th is National Financial Awareness day and we are highlighting financial benefits for employees. Boak & Sons supports our employees not just with a paycheck, but with financial education.
National Financial Awareness Day is a day to get smart about your finances and the way you are investing and saving your money. At Boak & Sons we encourage all employees from every department to invest in their futures with a savings account and 401(k) program.
401(K) at Boak & Sons
All employees are given the opportunity to open a 401(k) plan and are encouraged to invest in it. Sam Boak believes everyone should be able to successfully save for their retirement. He provides multiple resource opportunities to emphasize the need to invest for the future. Those who care to learn can come to Pat Finn or Sam to learn how to set themselves up for financial success.
Boak has an open-door policy. Employees know they can go to Sam for work or personal reasons. Employees who are struggling to understand and improve their financial situation look to him for guidance. “It is about making a difference in the lives of our employees, not just providing a weekly paycheck,” Sam Boak says. “It is great to see their joy when they receive their 401(k) and profit sharing. Some of these men never had an opportunity to save like this. They thank us for helping them take care of their future and their joy shows me that I am doing the right thing.”
You can save a lot of money if you invest small portions of your paycheck into a 401(k) plan. With only half of Americans having access to a 401(k), this basic education is important for Boak & Sons employees. It also gives them the opportunity for tax advantages and a “built-in” savings plan as funds are automatically taken out of a paycheck.
If you are an employee at Boak & Sons and are interested in setting up a 401(k) or if you are looking for employment at Boak & Sons, give us a call at (330) 793-5646 today!