Friday, July 09, 2010

A Helpful Checklist When Reviewing Fiduciary Liability Insurance

In an effort to assist ESOP Association (TEA) members become better fiduciary liability insurance consumers, we have developed a checklist suggesting areas in the insurance policy that should be reviewed preferably prior to purchasing the policy. We suggest the checklist below should be reviewed prior to making any decision on purchasing the policy.   Is the ESOP covered in the policy definition of “Employee Benefit Plan” or “Retirement” Plan? Does it need...

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Tuesday, March 30, 2010

The ESOP Association Files Amicus Brief in Citigroup ERISA Litigation

The ESOP Association sent out the following press release today. We wanted to share the information here on the blog as well.   A copy of the Association’s brief is available on The ESOP Association website here. The Association’s brief was prepared by Charles C. Jackson of Morgan, Lewis & Bockius, LLP.   Additionally, the ERISA Industry Committee and the American Benefits Council also filed a brief in the case which can be found here. The ERISA Industry...

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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, 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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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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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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Thursday, November 19, 2009

Blog Housekeeping

1 – An interesting article on ESOPs ran in The Wall Street Journal this week --- “Giving Employees a Share” by Diana Ransom. You can read the full article by clicking on the following link - http://tinyurl.com/ygsa3d5. 2 – The ESOP Association has a page on Facebook. Yep, you heard that right, we’re now on Facebook. So, do what you do and friend us.   3 – Don’t forget we’re on LinkedIn too.

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Wednesday, October 14, 2009

Employee Ownership Blog #1 Visited Page on Association’s Website

We are happy to report the Employee Ownership Blog is the number one visited page on the Association’s website. It has lived up to its promise of being the go to place for members looking for up to the minute news and discussion on ESOPs and employee ownership.   The Employee Ownership Blog is open to all members of the ESOP community who would like to share information, articles, and thoughts about ESOPs, employee ownership, retirement and wealth issues, and the ownership society.    If...

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Thursday, June 11, 2009

The ESOP Association is LinkedIn – Are You?

The ESOP Association now has a group on LinkedIn, the social networking website for professionals. Sign in at www.linkedin.com and search groups to find The ESOP Association.  The Association’s company page can be viewed here - http://www.linkedin.com/companies/the-esop-association.   Join the employee ownership conversation.

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Wednesday, April 22, 2009

What blogs are you reading?

According to Technorati (www.technorati.com) a website that tracks blogs, there are over 8 million blogs out there and more are being created each day.   We have a few favorites but we wanted to know what you’re reading. Let us know. Drop us a comment with a link to your favorite blogs.   A few on our reading list:   The Wall Street Journal’s Independent Street - http://blogs.wsj.com/independentstreet/ Community-Wealth.org - http://www.community-wealth.org/blog/index.php One-Stop...

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Wednesday, January 23, 2008

Missions & Visions

The Employee Ownership Foundation's primary purpose is to support programs that will increase the level of awareness and appreciation of the benefits of employee ownership and increase the number of employees who have access to this benefit.   The Mission statement of The ESOP Association is to educate and advocate about employee ownership with an emphasis on ESOPs.   The Association’s Vision, which is a bit longer, reads:   We believe that employee ownership improves...

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Wednesday, January 02, 2008

The ESOP Association Will Celebrate 30th Anniversary in 2008

In 2008, The ESOP Association will celebrate its 30th Anniversary helping create better and stronger ESOPs and spreading the message of employee ownership in America.   To celebrate, a new logo has been specifically designed for use in 2008. The new logo incorporates the advocacy work and the Chapter program. For one year, it will replace the Association’s current logo.   For additional information about The ESOP Association, its advocacy work, or Chapter program,...

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Tuesday, November 27, 2007

Prominent Harvard University Economics Professor Calls for Government Promotion of Shared Capitalism, Including ESOPs in His Book

Professor Richard B. Freeman, Chair of the Economics Department at Harvard University and Director of the Labor Studies Program at the National Bureau of Economic Research, in his book, America Works: Critical Thoughts on the Exceptional U.S. Labor Market, discusses the need for the establishment of a federal agency to promote more shared capitalism in America. As defined by Professor Freeman, shared capitalism includes increased profit sharing and employee stock ownership.  This proposed...

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Thursday, November 15, 2007

2007 Las Vegas Conference & Tradeshow – What’s the Buzz?

Another Las Vegas Conference and Tradeshow has come and gone. This year’s event, which was held at the Venetian hotel, was the highest attended conference of ESOP advocates in history, with approximately 1,230 attendees and 31 exhibitors in the tradeshow.   Two weeks prior to the conference, H.R. 3970, the Tax Reduction and Reform Act of 2007, was introduced by Congressman Charles Rangel. We overheard many people discussing the implications of the new legislation and it...

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Monday, October 01, 2007

Employee Ownership Blog - Why?

Why, you may be asking yourself, do we need an employee ownership blog? There are blogs out there dedicated to ESOPs and employee ownership and they are doing a good job of discussing the topic. Why one more?   Well, why not one more? We’ve been saying for years how important it is to foster discussion about employee ownership and how it will make American businesses better, more successful and now we’re heeding our own advice. This blog is dedicated to...

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