January 2025 ESOP Report
Welcome to your January issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
The ESOP Association
Program Research
ESOP Report April 2017
A new pro-ESOP bill is introduced in the House.
Americans Want Employee Ownership
It’s no surprise that Americans disagree about a lot of things….
Just try getting consensus on a group of people’s preference for cats or dogs, pie flavors or person most likely to take the Iron Throne in Game of Thrones. Close to impossible.
Why Companies Love ESOPs
In some ways, the benefits of having an ESOP are obvious: Tax benefits for S and C corps probably are at the top of the list, followed closely by increased employee engagement and productivity.
Developing Employee Owners
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.
Closing the Wealth Inequality Gap with ESOPs
There is plenty of data about wealth inequality, focusing on data alone misses a key point: Wealth inequality is about people.
Americans Want to Work for Employee Owned Companies
For nearly the last decade, the Employee Ownership Foundation has provided the funding necessary to collect data regarding employee ownership as part of the General Social Survey (GSS). This survey, and the data it produces, is considered the gold-standard for data used by academic researchers interested in studying the American population. The data is openly available and has subsequently been used by academics to better understand Americans’ attitudes toward employee ownership and the impact it has on their lives. This new report published by Dr. Joseph Blasi and Dr. Doug Kruse of Rutgers University analyzed the newest release of GSS data and observed the overwhelming and uniquely bi-partisan support for employee ownership across all demographics and citizen profiles.
Employee Training
While gaining an ownership stake in one’s place of employment is an obvious benefit, research is showing that employee owned companies also invest in their employees through training at a much higher rate than other businesses. Workers, especially the rising millennial generation, consistently cite job training and skills development as a key driver for job satisfaction and longevity in a position.