Writing on the Wall: Fall 2022
The quarterly newsletter of Wall Residences: a Virginia agency who provides services for individuals with intellectual or developmental disabilities. Services include sponsored residential, group homes, community engagement & community coaching, nursing, therapeutic consultation, and behavioral support. This issue highlights recent achievements of residents, providers, staff, and the agency as a whole during the third quarter of 2022.
The quarterly newsletter of Wall Residences: a Virginia agency who provides services for individuals with intellectual or developmental disabilities. Services include sponsored residential, group homes, community engagement & community coaching, nursing, therapeutic consultation, and behavioral support. This issue highlights recent achievements of residents, providers, staff, and the agency as a whole during the third quarter of 2022.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
October 2nd marked <strong>the</strong> sec<strong>on</strong>d<br />
anniversary of <strong>Wall</strong> Residences being<br />
a 100% ESOP company. October is<br />
also Employee Ownership Awareness<br />
M<strong>on</strong>th.<br />
ESOP stands for Employee Stock<br />
Ownership Program: a company’s<br />
employees own shares of its stock.<br />
The stock is sold back to <strong>the</strong> company<br />
when some<strong>on</strong>e leaves or retires,<br />
and <strong>the</strong> profits are paid out to employees<br />
as retirement benefits.<br />
October is ESOP M<strong>on</strong>th!<br />
<strong>Wall</strong> Residences was founded and<br />
owned by Jack <strong>Wall</strong> and Kamala<br />
Bauers. Jack and Kamala wanted to<br />
assure <strong>the</strong> company would fur<strong>the</strong>r <strong>the</strong><br />
values and practices <strong>the</strong>y established,<br />
after <strong>the</strong>y retired. This may not have<br />
happened if <strong>Wall</strong> Residences had<br />
been sold to ano<strong>the</strong>r company.<br />
Some of <strong>the</strong> <strong>Wall</strong> Residences Employee Owners ga<strong>the</strong>red in Floyd at <strong>the</strong> Staff<br />
C<strong>on</strong>ference in September for training and networking.<br />
Establishing <strong>the</strong> ESOP was a win-win<br />
situati<strong>on</strong>! Employees carry <strong>on</strong> <strong>the</strong><br />
original company values of meaningful<br />
relati<strong>on</strong>ships, quality of life,<br />
creativity, innovati<strong>on</strong>, and pers<strong>on</strong>al<br />
growth for <strong>the</strong>mselves and <strong>the</strong> indi-<br />
viduals in our services. It’s w<strong>on</strong>derful<br />
for employees, who earn retirement<br />
benefits at no cost to <strong>the</strong>m. The people<br />
in our services benefit as well, with<br />
lower staff turnover due to <strong>the</strong> ESOP’s<br />
structure encouraging l<strong>on</strong>gevity.<br />
Digital B<strong>on</strong>us: In Their Own Words<br />
We celebrated <strong>the</strong> important work of DSPs during Direct Support Professi<strong>on</strong>als Week in September. <strong>Wall</strong> Residences<br />
DSPs say it best in <strong>the</strong>ir own words! We asked our DSP team: what does being a DSP mean to you. Their answers are<br />
insightful and it’s our privilege to share <strong>the</strong>m with you. Direct Support Professi<strong>on</strong>als: truly <strong>the</strong> key to it all!
Change language