The ESOP Association
ESOP Association Resources
Nov. 26
House Committee on Education & the Workforce discovered DOL secretly sharing confidential information with plaintiffs’ attorneys pursuing class action lawsuits against plan fiduciariesWashington, DC – The ESOP Association today applauded House Committee on Education & the Workforce Chair Virginia Foxx for calling out potential abuse of authority at the Department of Labor (DOL) and its Employee Benefits Security Administration (EBSA) and calling for an investigation by the DOL’s Inspector General.
2821
Nov. 20
Strategic planning is not just for executive leadership or the management team. I would go so far to say that the execution of your strategy happens with those employees who are closest to the customer, the product, or the service: The Front-Line Employees! If you believe in this assumption, you should be including them in developing your organization’s strategy. If you want their buy-in, you must get their input. If you want their input, you must first teach them about the business. You can start by teaching them how to set objectives, goals, tactics, and measures.
2818
Nov. 15
At The ESOP Association, we believe in recognizing and celebrating the exceptional efforts and achievements of our outstanding members. It's that time of the year again when we invite you to participate in our Employee Owner of the Year and Company of the Year Awards.We know that TEA’s success is a collective effort, and we want to honor those members who go above and beyond to contribute to our vibrant ESOP culture. We encourage you to take a moment to reflect on the remarkable accomplishments of your colleagues or company and nominate them for the prestigious awards.
2817
Nov. 04
Over 50 years after the legislation creating ESOPs was signed into law by President Gerald R. Ford, the U.S. Department of Labor is now in the final stages before publishing the single most important regulation necessary for ESOPs: standards and procedures by which a Trustee can in good faith evaluate stock price.
2815
Nov. 01
Welcome to your October issue of the ESOP ReportThis month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
2813
May. 24
The Main Street Employee Ownership Act is signed into the law, as part of the John S. McCain National Defense Authorization Act for Fiscal Year 2019. The law makes it easier for small companies to use the Small Business Administration’s 7(a) program to finance a transition to an employee-owned business, such as an ESOP.
562
Resource, Press Releases
May. 23
Congratulations to all our AACE winners and runners up - we had an incredible year for the AACE program with some of the best entries we have ever received. Thank you to our judges who took two days to fly to DC to judge the countless entries. We look forward to next year!
341
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Janet Edmunson, founder of JME Insights in South Portland, ME, has been named the 2019 Life Service Award winner by The ESOP Association. The Life Service Award honors individuals who’ve made a significant, long-term contribution to employee ownership and the ESOP community.
339
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Jeff Mounts, Marketing Coordinator at ESP International based in Cedar Rapids, has been named the 2019 Employee Owner of the Year by The ESOP Association. This award recognizes a non-management employee owner who provides a positive influence in the company, and who participates in the company’s employee ownership activities and in the activities of The ESOP Association.
340
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Miklos Systems Inc. (MSI) of Fairfax, VA has won The ESOP Association’s highest corporate honor—the ESOP Company of the Year Award. The award honors a company that actively participates in the employee ownership community and that demonstrates a dedication to The ESOP Association’s vision of employee participation, wealth creation, and individual dignity and worth.
337