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.
The ESOP Association
ESOP Association Resources
Sep. 28
Congratulations to Hisco, which submitted the winning entry in this year’s Employee Ownership Month competition! A free copy of the poster will be mailed to all corporate members of The ESOP Association. Additional copies may be purchased in the ESOP Store.
Sep. 16
State of the art facility will dramatically expand advocacy, education, and conferencing capacity in service of employee ownership mission.
Apr. 27
There has been a clear shift in the political environment propelled by public discussions of certain large, public companies obtaining loans under the Paycheck Protection Program (the “PPP”) authorized by the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), including Shake Shack, Ruth’s Chris and others[1]. During this time, many small businesses have been quoted in the press expressing frustration with their inability to access the PPP program prior to the first round of guarantee authority being exhausted.
Apr. 24
New guidance assures that ESOP companies are eligible for key federal relief under the Paycheck Protection Program.
Apr. 24
New guidance and a resource page from the EEOC can help reduce risk as employers make plans to reopen their businesses.
Apr. 22
Congress and the Trump Administration have reached a deal on a new round of coronavirus aid entitled the Paycheck Protection Program Increase Act of 2020. The ESOP Association has remained aggressively engaged with key leaders in Congress and the White House to ensure ESOPs and employee owned businesses remain front of mind as legislation is drafted.
Apr. 08
Washington Alert: Senators Tell SBA That ESOPs Qualify for Relief, Urge Clear Instruction to Lenders
In response to TEA request, two influential Senators take action to clear the way for ESOPs to receive PPP funds.
The HUB, COVID-19, network, webinar archive
Apr. 08
Come to The HUB, the new online networking platform where ESOP companies and employee owners connect, share resources, and watch TEA recorded webinars. Exclusively for ESOP Association members!
Apr. 02
Sharing these three informational resources with your employee owners can help them grapple with today’s challenges.