Go Back

We Take Success Personally.

At Weaver, we care about success. But it’s not just the success of our firm or clients that matters to us; it’s the success of our people who make the day-to-day of this business possible. That’s why we’re passionate about bringing together talented individuals and giving them the tools they need to succeed. We lean on each other as members of the Weaver family, understanding that our culture is driven by our collective values, character and efforts. Our goal is to balance both high development with high performance in order to meet the long-term goals of each individual, team and our firm, and every person plays a part.

Weaver

Business Services

Empowering the Trades: The Humphrey & Associates Story

MarketScale
March 5, 2024
employee ownership
ESOP Program
Family Values
Humphrey & Associates
+more

This enlightening episode of Location Cubed, a Weaver: Beyond the Numbers podcast, examines the heart of the trades with Randy Humphrey, the executive vice president of Humphrey & Associates. Weaver hosts Howard Altshuler and Aaron Grisz discover how this family-oriented business thrives on employee ownership and a commitment to nurturing the next generation of skilled tradespeople.

Key Points:

  • Humphrey & Associates’ unique business model offers its team members a stake in the company with employee ownership through its ESOP program
  • Utilizing a proactive approach to recruit and train young tradespeople, Humphrey & Associates encourages the development of its people while addressing the industry’s workforce shortage
  • Humphrey & Associates’ commitment to family values and community involvement sets a benchmark for corporate culture

 

 

Humphrey & Associates stands out in the electrical and mechanical contracting industry for its services and remarkable company culture and structure. With 50% employee ownership through an ESOP program, the company has cultivated a family-like atmosphere that values each member’s contribution. This unique approach has resulted in an impressive average employee tenure of over eight years, highlighting the success of their model in creating a loyal and dedicated workforce.

“I think our biggest problem and biggest deterrent to growth and providing electrical and mechanical systems is not the material. It’s not the shortage of those things. It’s the shortage of individuals wanting to learn a trade,” Humphrey said. Later in the conversation, he speaks to the workforce shortage and what may incentivize people to consider the trades, saying, “The simple law of supply and demand is going to drive everything. The shortage of trades and the simple fact everything we have is powered by electricity. Everybody wants an electric car. Everybody wants to turn their computer on, charge your phone, do all these things. If they don’t have electricity or water in the building or a good plumbing system, it’s going to be an unhappy world.”

Subscribe and listen to future episodes of Weaver: Beyond the Numbers: Location Cubed on Apple Podcasts or Spotify.

©2024

Recent Episodes

creative career
View episode

Crafted Journey How To: Building a Creative Career Across Scripts, Stages, and Sound

Creative careers rarely move in a straight line, especially for writers working across stage, screen, audio, books, and independent film. Sustaining that kind of life often means finding opportunities wherever they appear, building a strong network, staying open to different formats, and saying yes to collaborations that can lead somewhere unexpected. The stakes are…

radiology
View episode

Growing Without Compromise: How Vision Radiology Balances Scale, AI, and Clinical Quality

Radiology sits at the center of a modern healthcare squeeze: imaging volumes are climbing, hospitals need faster reads, and there simply are not enough radiologists to meet demand the old way. At the same time, remote work and AI are reshaping what a clinical practice can look like. The challenge is no longer whether…

AI search
View episode

The Marketing AI Pulse Brief for May 2026: CMO Scaling Gap, AI Search, Agentic Buyers & Automated Ads

The Marketing AI SparkCast brings you the Marketing AI Pulse Monthly Brief, a curated look at the most relevant stories shaping the field and what they mean for CMOs and marketing leaders. The May 2026 edition focuses on the widening gap between AI investment and AI execution, the structural transformation of search, the rise of AI…

Launch Your Branded Show Today

Engage your audience with original, industry-specific content.

Book a Demo Talk to an Expert