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The Employee Ownership Action Network (EOAN) is a free-to-join, grassroots advocacy movement for anyone with a stake in ensuring employee ownership continues to grow and thrive in the US.
Does that sound like you?
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What Our Members Have to Say
“Membership in The ESOP Association is vital to an ESOP owned company. The advocacy and education services are invaluable and are not duplicated by any other organization.”
-David Kelly, CFO at Acadian Ambulance Service Inc.
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The Employee Owned Conference, attended annually by more than 2,000 employee-owners, thought leaders, and professional advisors, is the largest ESOP conference in the world.
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The #EO Solution
The ESOP Association and Project Equity have partnered to create state -by-state data that amplifies employee ownership as a common sense way to preserve businesses, strengthen jobs and build a more resilient post-pandemic economy.
ESOP Association Resources
Forming an ESOP - A New Video Series on Business Succession Planning
Hear from ESOP companies in multiple different industries, and their seasoned advisors, about what an ESOP is and if it’s right for you.
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- About TEA
What is an ESOP?
An ESOP is a retirement plan—but also a way of living and running a company. For insights on both technical and cultural aspects of these plans—which provide benefits to employee owners, the company, the community, and exiting owners—and links to additional resources, see our web page titled What is an ESOP?
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The ESOP Association
ESOP Association Resources
Jun. 21
As spring starts to turn to summer with its warmer weather and longer days, it’s always great to spend time with friends, old and new. At TEA, this past spring was full of time spent engaging with our community at our many events and National Conference.
Jun. 16
The ESOP Association’s National Conference offers a variety of great experiences – culture and communications presentations, roundtables to share and learn with your peers, and an awards ceremony celebrating the achievements of employee owners and professionals across our chapters. But one other key piece of National Conference is advocacy.
Jun. 14
Lifetime Service Award
Cindy Turcot
Cindy is truly a force of nature – and a force for employee ownership.
She has been with Gardener’s Supply Company for nearly forty years, serving as COO, President, and for the past two years as CEO and President.
Cindy Turcot
Cindy is truly a force of nature – and a force for employee ownership.
She has been with Gardener’s Supply Company for nearly forty years, serving as COO, President, and for the past two years as CEO and President.
Jun. 07
Thank you to all the ESOPs and employee owners who joined us in Washington, DC, for TEA’s National 2023 Conference.
From the feedback we received, it was one of our most fun and productive events in recent years! This year’s theme of Education, Advocacy and Community really hit the mark as we continue to promote education for ESOPs and employee owners at the National Conference.
From the feedback we received, it was one of our most fun and productive events in recent years! This year’s theme of Education, Advocacy and Community really hit the mark as we continue to promote education for ESOPs and employee owners at the National Conference.
Jun. 01
U.S. Senators Bernie Sanders (I-VT) and Bill Cassidy (R-LA), the Chairman and Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, have sent a bipartisan letter to Acting Secretary of Labor Julie Su urging the Department of Labor to prioritize the WORK Act in its implementation of SECURE 2.0.
Blog
Nov. 30
Enabling employees to earn and hold a stake in the company where they work has been a central element of the American economy for more than 200 years.
Employee Ownership Basics
Nov. 26
Employee owned businesses are 6.2 times more likely to keep employees on the job that conventionally owned companies. Fewer layoffs from employee owned businesses translates into incredible financial security for individuals and savings of billions of dollars for the federal government.
ESOP Blog, Resource
Feb. 28
In this, our final installment on common criticisms of ESOPs—and why they are wrong—we’ll look at the assertion that ESOPs are not real ownership.
According to cynics, ESOPs are “fake” ownership plans. In “real” ownership, they argue, the owners control their assets by determining such things as who runs the company, who sits on the Board of Directors, when major corporate decisions are made that might impact the future of the company, and so on.
But ESOPs are true ownership.
According to cynics, ESOPs are “fake” ownership plans. In “real” ownership, they argue, the owners control their assets by determining such things as who runs the company, who sits on the Board of Directors, when major corporate decisions are made that might impact the future of the company, and so on.
But ESOPs are true ownership.
ESOP Blog, Resource
Feb. 14
I often hear three criticisms about ESOPs: The second criticism is that ESOPs are a waste of taxpayers’ money.
Cynics say the tax breaks provided to ESOPs are money losers because the majority of American taxpayers pay higher rates to make up for the cost of ESOP tax benefits.
But anyone who says that must not have done very well in elementary school when they learned basic math. ESOPs offer great returns on tax incentives.
Cynics say the tax breaks provided to ESOPs are money losers because the majority of American taxpayers pay higher rates to make up for the cost of ESOP tax benefits.
But anyone who says that must not have done very well in elementary school when they learned basic math. ESOPs offer great returns on tax incentives.