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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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Jun. 28
Welcome to your May/June 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!
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
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Jun. 28
Inside this Issue:
Letter from the President
Announcements
Chapter of the Year
Advocacy Update
NE Award Winners
State Captain Spotlight
Chapter Officers
State Captains
Mentorship Program
Edmunson Scholarship
Chapter Sponsors
Read the full issue >>
Letter from the President
Announcements
Chapter of the Year
Advocacy Update
NE Award Winners
State Captain Spotlight
Chapter Officers
State Captains
Mentorship Program
Edmunson Scholarship
Chapter Sponsors
Read the full issue >>
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Jun. 12
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COVID-19, remote work, hoteling, third shift
Apr. 27
As companies mull how to return to work, they may want to consider ways that the workplace may need to shift and adapt to the COVID-19 pandemic. Here are some thoughts about how the future may look.
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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.
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Apr. 24
New guidance assures that ESOP companies are eligible for key federal relief under the Paycheck Protection Program.
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Apr. 24
During the COVID pandemic, The ESOP Association works with Congress and the SBA to ensure ESOPs are eligible for Paycheck Protection Plan (PPP) loans under the CARES Act. This critical guidance was issued by the Small Business Administration (SBA) and Treasury Department, and was supported by key ESOP Congressional Champions.
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Apr. 24
New guidance and a resource page from the EEOC can help reduce risk as employers make plans to reopen their businesses.
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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.
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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.
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