Tuesday, March 09, 2010
Thursday, March 04, 2010
Employee Ownership and Job Growth
There are numerous proposals, ideas, and commentary floating around about how we can improve the jobs outlook in this country. Let’s face, it’s not good right now. With unemployment around 10% (9.7% to be exact), and companies not hiring, where does that leave the discussion of job growth in this country? Since we can, let’s talk about employee ownership in the context of job growth. Does being employee owned make a difference? Research has shown...
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Tuesday, March 02, 2010
The Congressional-Company Visit Kit: Practical Steps For Unparalleled Results
What you need to know Part 3 The ESOP Association will be running every Tuesday for the next seven weeks, tips for putting together a Congressional Company Visit. All of the information that will be featured in these excerpts is available on the Association’s website – http://www.esopassociation.org. The full Kit is available on the homepage under News. This week --- Best Time for a Visit While it might be a truism to say, “anytime,” or...
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Thursday, February 25, 2010
Kudos to Oklahoma
In a year when membership has remained stagnant, the number of ESOP Association members from the state of Oklahoma has grown. Take a look at the chart at left which highlights the growth of OK company members. We looked in our files and since 1995, membership of OK companies has grown steadily. Why? Well, we don’t really know why. The Membership Department does track how a group or person hears about the Association on application forms, but it doesn’t...
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Tuesday, February 23, 2010
The Congressional-Company Visit Kit: Practical Steps For Unparalleled Results
What you need to know Part 2 The ESOP Association will be running every Tuesday for the next seven weeks, tips for putting together a Congressional Company Visit. All of the information that will be featured in these excerpts is available on the Association’s website – http://www.esopassociation.org. The full Kit is available on the homepage under News. First Steps The ESOP advocate...
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Tuesday, February 16, 2010
The Congressional-Company Visit Kit: Practical Steps for Unparalleled Results
What You Need to Know Part 1 The ESOP Association will be running every Tuesday for the next seven weeks, tips for putting together a Congressional Company Visit. All of the information that will be featured in these excerpts is available on the Association’s website – http://www.esopassociation.org. The full Kit is available on the homepage under News. Today we are featuring – What You Need to Know, Part 1. Foreword ...
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Thursday, February 11, 2010
Good Developments in Worrisome Times
The following post ran in the January 2010 issue of the ESOP Report as the Washington Report. We are re-printing the article on the blog. Setting aside the horrible developments in Haiti, concerns over Islamist extremists not giving up the goal of killing as many Americans as possible, which triggers young American men and women being in far away places getting killed and maimed, and instead looking at what is the core reason for The ESOP Association’s banding together...
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Thursday, February 04, 2010
2010 Shared Capitalism through Employee Ownership Award
The application period for the 2010 Shared Capitalism through Employee Ownership Award is now open. For more information about the award and the application process, please click here. The application deadline is Friday, April 16th. The Center for Business Education at the Aspen Institute (Aspen CBE), in partnership with the Foundation for Enterprise Development and the Employee Ownership Foundation, is pleased to announce the second annual award for promising dissertation research...
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Tuesday, February 02, 2010
Budget Calls for Tax Increases of $1.1 Trillion over Next 10 Years
It’s a big deal in D.C. when the President, no matter whether Democrat or Republican, publishes his budget recommendations for the upcoming fiscal year, which begins on October 1. [In other words, the budget proposal released on February 1 is for the Federal Fiscal Year 2011, which begins on October 1, 2010.] Everyone reads it over carefully, particularly proposals to alter tax laws. The ESOP Association has been consistent over the past two years noting that the ballooning...
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Thursday, January 28, 2010
Legislative Highlight --- S. 1612
S. 1612, the Employee Stock Ownership Plan Promotion and Improvement Act of 2009, was introduced in the Senate on August 6, 2009 by Senator Blanche Lincoln [D-AR]. S. 1612 was co-sponsored by the following Senators: Senator Maria Cantwell [D-WA] Senator Saxby Chambliss [R-GA] Senator Mike Crapo [R-ID] Senator Johnny Isakson [R-GA] Senator Patrick J. Leahy [D-VT] Senator Mary L. Landrieu [D-LA] Senator Sheldon Whitehouse [D-RI] S. 1612 Summary: One, S. 1612 would repeal...
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Tuesday, January 26, 2010
AACE Awards - 2010 Deadline Announced
The 2010 deadline for AACE Award entries has been set. March 1, 2010 is the last day to enter this year’s competition. The brochure and guidelines are now available on The ESOP Association’s website --- the AACE Brochure can be downloaded here and a link to the Employee Ownership Month Poster Contest is also available. All AACE Awards information can be found under Resources. If you have questions, please contact Pat Barnes, AACE Program Manager, at PatBarnesArt@gmail.com...
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Thursday, January 21, 2010
Fortune Magazine’s 2010 List of 100 Best Companies to Work For Features Employee Owned Companies
Fortune Magazine’s recently released list of the 100 Best Companies to Work For named several employee-owned companies among the ranks – a number of which are members of The ESOP Association. Eight of the companies on the list are employee owned (highlighted names are ESOP Association members): Robert W. Baird & Co. W.L. Gore & Associates PCL Construction Enterprises Scooter Store TDIndustries QuikTrip Publix Super Markets Herman Miller The...
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Tuesday, January 19, 2010
EBRI Says Career Jobs Never Existed
A press release issued January 7, 2010 by the Employee Benefits Research Institute (EBRI) --- a research institute in Washington, DC, which focuses on retirement, economic security issues, saving, and health --- stated that the idea that in yesteryear most American worked for the same employer throughout their working years is a myth. It was all a romantic notion. You can read the full press release here - http://www.ebri.org/pdf/PR.862_07Jan10.Tenure.pdf. When people and groups...
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Wednesday, January 13, 2010
ESOP Association Member Named 2009 Best Contractor to Work for by Plumbing & Mechanical Magazine
Midwest Mechanical Contractors, Inc. (an MMC Corp subsidiary), located in Kansas City, MO, and an ESOP Association member, was recently named the 2009 Best Contractor to Work for by Plumbing & Mechanical Magazine. You can read the full article, which is the January cover story, here. In the article, Midwest Mechanical talks about the company’s ESOP and why it’s so valuable. The ESOP is just not another benefit but a real means of motivation for the employee owners. Congratulations...
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Monday, January 11, 2010
Association Member Service for Identifying Outside Board Members
There is more and more interest in the ESOP community in having board of directors members who are not executives of the private ESOP company, and who also have experience in ESOP management and culture. These persons are referred to as “outside” board members. The interest in having “outside” board members arises not only from a growing realization that an ESOP company, particularly one owned 50% or more by the ESOP, is a hybrid corporate entity neither...
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Monday, January 04, 2010
Happy New Year
We’ve been out of pocket during the holidays but wanted to wish everyone all the best for a happy 2010. We have a lot to share in the coming year but wanted to take this opportunity to remind readers about the purpose of the Employee Ownership Blog and our goals. This blog is dedicated to fostering an open discussion about employee ownership while keeping readers informed of new developments in the community and on the legislative front. We want to hear from everyone...
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Monday, December 21, 2009
Senator Sanders and Colleagues Propose New, and Effective, Ideas to Save American Jobs
We wanted to share with everyone the following press release which was sent out by The ESOP Association this morning about new pro-ESOP legislation introduced by Senator Bernard Sanders [I-VT] on December 18, 2009. Senator Sanders and Colleagues Propose New, and Effective, Ideas to Save American Jobs December 21, 2009 (Washington, DC) – The ESOP Association praised legislation introduced Friday, December 18, by Senator Bernard Sanders [I-VT], and co-sponsored by three...
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Friday, December 18, 2009
Spreading the ESOP Message: Peer to Peer
While the Employee Ownership Foundation is involved in numerous projects to share the idea of employee ownership with the non-ESOP world (such as the Steve Sheppard Speaking Tour, the General Social Survey, and Fellowship Programs), we also recognize that ESOP advocates promoting the ESOP message at meetings and conferences of their peer groups is an important, and effective way, to spread the word. Some might call it ESOP “missionary work” with tongue in cheek, but when a lawyer,...
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Wednesday, December 16, 2009
Open Book Management
On The New York Times website, there is an interesting discussion about Open Book Management on the Times’s You’re the Boss Blog. The post is written by Jack Stack, CEO of SRC Holdings in Springfield, MO. SRC Holdings is an ESOP and a member of The ESOP Association. The topic of open-book management comes up often in the ESOP world. Does your company open the books to employee owners?
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Thursday, December 10, 2009
A Tribute to John Logue
Dr. John Logue of Kent State University and the Ohio Employee Ownership Center passed away December 8, 2009 shortly after a cancer diagnosis. We are saddened by the loss of not only a great leader in the employee ownership community but also a good friend. For those of you who knew John, he was a steadfast proponent of ESOPs and employee ownership and his work has led to the creation of new jobs and the preservation of companies in Ohio that would have otherwise closed. We...
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