During a Congressional hearing held today by the U.S. House Small Business Committee, TEA Immediate Past Chair and Chairman of Eagle Communications, Gary Shorman, discussed the importance of Employee Ownership, the need for quick access to Small Business Administration loans, and the chilling effect of the Department of Labor’s lack of guidance on ESOP formation.
During Shorman’s testimony he asked Congress to:
The ESOP Association
ESOP Association Resources
Sep. 29
The ESOP Association's Immediate Past Chair, and Chairman of Eagle Broadband, Gary Shorman, will testify at the House Committee on Small Business Hearing on "Empowering Employee Owned Businesses and Cooperatives Through Access to Capital." He will represent the interests of ESOPs and The ESOP Association at the hearing.
From the committee website:
From the committee website:
Sep. 09
Today, President Biden announced strict new mandates from the federal government requiring more than 100 million Americans to be vaccinated or tested weekly for COVID-19. These requirements will impact ESOP companies with more than 100 employees, health care ESOP companies including but not limited to hospitals, dialysis facilities, ambulatory surgical settings, and home health agencies, and ESOPs with government contracts.
Employers with more than 100 Employees
Employers with more than 100 Employees
ESOP Blog, Resource
Apr. 24
At Entertainment Partners, with our 1,100 employee owners spread out across more than 10 locations nationwide, we rely heavily on technology to help us communicate and connect with each other. To us, “social media” encompasses any technology that enables us to create and share content and make those connections. It could be software specifically geared toward fostering collaboration in the workplace or it could be the same website you use to share hilarious cat videos or that perfectly angled selfie.
ESOP Blog, Resource
Apr. 02
Most businesses wrestle with their health care costs. Being an ESOP does not make us immune to this challenge.
Travel and Transport is a 1,400-person company with offices from Boston to Seattle. We have a self-insured health plan in which approximately two thirds of our employee owners participate. Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.
Travel and Transport is a 1,400-person company with offices from Boston to Seattle. We have a self-insured health plan in which approximately two thirds of our employee owners participate. Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.