At Centra, we are proud to be a 100% Employee Owned company. We talk about it often, but what exactly does it mean, and does it impact you if you are looking to buy windows or looking for a new place to work?
Employees contribute a percentage of their income which is matched by Centra. The employee receives common shares, Centra uses the funds to grow the business. Employee shareholder's investments grow as the share price increases and dividends are paid. This promotes the spread of corporate profits and investment opportunities back into the working population, increases the accountability of companies to their Employee Owners, and increased transparency creates trust with workers and customers. Supporting an employee-owned company is a vote for a local, sustainable middle class. We believe employee ownership offers a piece of the puzzle to help solve some of these issues.
A personal reflection from our CFO:
I began my career as a Chartered Professional Accountant at one of Canada's 'Big Four' accounting firms where I worked on audits on a wide variety of clients, private sector, public sector, government, and non-profit. I had the opportunity to experience the culture at all of them. In my experience most business cultures are stagnant and flat feeling, they don’t have a strong sense of purpose and their financial results are mixed. There were lots of places I audited with great people and good cultures, but these I felt were often despite the business, not because of the business.
Of all my clients Centra was one of the few clients that I admired both the culture, the people and the business itself. It was clear this came from the employee ownership, workers were engaged in their work, they knew their work mattered to their families and co-workers as they all shared responsibility for their work, and they were given the freedom to improve the business and have fun while they did it.
I jumped at the chance to join Centra when an opportunity came to lead the finance department, I couldn’t beat the culture or opportunity employee ownership provided, even though I was at a national ‘Top 100 employer’.
I’ve been at Centra since 2016 and I’ve witnessed firsthand what employee ownership can do for people; I’ve seen employees use their shares to buy houses, send their kids to university, retire earlier than they thought possible, and the continual transition of ownership and culture to the next generation.
My personal belief is that a company should only exist if it makes the lives of its customers, employees, and communities better. Employee ownership benefits all three, customers receive the highest levels of service from owners themselves, products and warranties are backed by a sustainable business with built-in succession planning. Employee owners get access to investment opportunities out of reach for most workers, spreading wealth back into their local communities.
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Centra Construction Group is the largest window manufacturer, supplier, and installer in British Columbia. Centra Windows has been in business for 35 years with our head office in Langley and three other branch locations around B.C. We are 100% employee owned and committed to giving back to each community we serve. We manufacture all our windows and doors in our Langley plant and your local Centra employee owners will handle the installation. We view the house as a system and understand how each part must work correctly to maximize the comfort and energy efficiency of your home. We are 100% employee owned and committed to giving back to each community we serve.
Centra Windows is active on social media with Facebook, Instagram, Twitter, LinkedIn, Pinterest, Homestars, and Houzz accounts. You can find us by searching Centra Windows on any of the major social channels. Feel free to explore our photos and videos to learn more about our team, recent projects and the Centra Experience on our social channels. Over 1400+ reviews on HomeStars with an average 9.7 out of 10 rating. 170+ reviews on Facebook with a 4.8 out of 5. Learn more about what our customers are saying about their Centra products and installations at www.centrawindows.homestars.com
