The ESOP Association
ESOP Association Resources
May. 28
The emotional toll that the COVID-19 pandemic is having on Americans is becoming increasingly and alarmingly clear. New information suggests that ESOP companies may want to train an especially keen eye on the well-being of their employee owners.
May. 28
On May 15, 2020, the Small Business Administration (SBA) published a Loan Forgiveness Application that provides long awaited information regarding loan forgiveness under the Paycheck Protection Program (PPP). The PPP generally provides that borrowers are eligible for forgiveness of their PPP loans based upon certain qualifying expenses that arise during the eight-week period commencing on the date the loan was funded (which is known as the Covered Period).
May. 13
New funding options may exist for businesses, thanks to a new bill from the House and several potential modifications to existing federal relief programs.
May. 08
Companies that received PPP funds now have an extra week to decide if they should give them back.
May. 06
An agreement between Wilmington Trust and the DOL pays funds to ESOPs and includes costs for penalties and legal fees.
May. 04
In this special 24-page issue get ideas on managing in a crisis, help planning for the reopening of your workplace, news of TEA’s expanding advocacy efforts and member benefits, updates on new webinars, and more!
Employee Ownership, Culture
Oct. 30
Editor’s Note: As part of this year’s Employee Ownership Month celebration, we asked our members to share, in their own words, what being an employer means to them.
By Leila Castañeda, Strategic Initiatives Manager, Rincon Technology, Inc.
When I first interviewed for the position at Rincon Technology, I was asked to describe the life I always wanted to live; it was a question I had never been asked before by a potential employer. My shoulders and expression relaxed. Lost in thought, contemplating the request, I responded: “freedom.”
By Leila Castañeda, Strategic Initiatives Manager, Rincon Technology, Inc.
When I first interviewed for the position at Rincon Technology, I was asked to describe the life I always wanted to live; it was a question I had never been asked before by a potential employer. My shoulders and expression relaxed. Lost in thought, contemplating the request, I responded: “freedom.”
ESOP Association, ESOP Blog, Wealth Inequality, Wealth Distribution, Kellogg Foundation, ESOP Research, Rutgers University, Resource
Oct. 16
There is plenty of data about wealth inequality, focusing on data alone misses a key point: Wealth inequality is about people. It is about people who go to work, pay their bills, meet their responsibilities, contribute to their communities, and pay their taxes—and who, in spite of their best efforts, are prevented from sharing in the wealth they help create.
ESOP Blog, Employee Owner of the Year, Employee Ownership Month, Resource
Oct. 16
Jeff Mounts, Marketing Manager at ESP International, absolutely loves a certain quote. When you hear it, you understand a lot about Jeff, why he has become an invaluable member of the Communications Committee at ESP International, and why he earned The ESOP Association award for 2019 Employee Owner of the Year.
That quote? It’s from Albert Einstein, who said: “Creativity is intelligence having fun.”
That quote? It’s from Albert Einstein, who said: “Creativity is intelligence having fun.”
ESOP Blog, Employee Training, Culture, Employee Ownership Foundation, ESOP Research, Program Research, Resource
Oct. 07
Providing training to employees helps keep their skills sharp and can lead to improved productivity. It also shows a commitment to employee growth and development that may pay additional dividends, including potentially having a positive effect on employee retention.