Sam Boak Discusses Finances With The Construction Crews

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Sam Boak Discusses Finances With The Construction Crews

Sam Boak makes it his goal to provide his crew members opportunities to save and invest in their future. He takes the time to sit down with individual employees and the company's Chief Financial Officer annually and offers a 401(k) and profit sharing.

PR Newswire

YOUNGSTOWN, Ohio, March 22, 2019 /PRNewswire-PRWeb/ -- There are over 100 employees at Boak & Sons who work in the residential and commercial roofing, siding, gutters, insulation and sheet metal departments. With tax season in full swing, Sam Boak takes the time to meet with employees to discuss finances. He finds this to be an important part of the company's culture, supporting staff beyond the traditional responsibilities as an employer.

Sam Boak has an open-door policy; employees know they can come to him 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."

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 and teaches his employees how to set themselves up for financial success.

One of the things Sam Boak does to assist in bettering his employee's financial futures is present a slideshow at the mandatory annual Safety Day. Chief financial officer, Pat Finn, goes into detail the amount of money you can save 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.

For more information about Sam Boak or Boak & Sons' commitment to their employees, please contact Kellie Daley direct at 330-793-5646 or kdaley (at) boakandsons (dot) com.

About Boak & Sons:

Boak & Sons, Inc. was founded by Sam Boak in 1974 as an insulation contractor. With the high energy costs of the 70's, Boak & Sons expanded early on into the roofing business. They offered economical roof installations through cutting edge technology and equipment, allowing customers to recoup even more in energy savings. Today, Boak & Sons is a residential and commercial contractor for roofing, insulation, sheet metal, windows, siding, and gutters. Based in Youngstown, Ohio, the company serves customers in surrounding areas from Cleveland to Pittsburgh. For more information on Boak & Sons, visit their website at: https://www.boakandsons.com/

 

SOURCE Sam Boak

Copyright CNW Group 2019

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