Let us help you spread the word on employee ownership this October.
Recently, we were talking to one of our members about her ESOP company’s preparations for Employee Ownership Month (EOM). She shared some of her concerns:
She was not sure how much bandwidth her fellow employee owners would have for EOM activities, especially since many have school age children who will be home while attending classes remotely this fall.
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Aug. 26
Aug. 10
Rutgers University School of Management and Labor Relations' Kelso Fellows, supported by The Employee Ownership Foundation (EOF) have released the results of their nationwide ESOP survey. To see the results please visit the EOF website: https://employeeownershipfoundation.org/foundation-research.
Aug. 03
In this month's edition of your member newsletter, read about an exciting new bill that can help promote ESOP expansion, , a new research project funded by the Employee Ownership Foundation and that is seeking ESOP companies to participate, updated plans for judging the AACE and Employee Ownership Month competitions, new networks on The HUB, final electronic disclosure regulations from the Department of Labor, and more.
Jul. 28
After several days of debate, Senate Republicans have offered their version of the “Phase Four” economic stimulus and COVID recovery bill. Of particular note to those in the ESOP community, this package of bills does not yet include S. 4236—the bill introduced by Sen. Ron Johnson (R-WI) that would offer grants to companies that create or expand an ESOP.
The package is a first draft and will likely change significantly as both parties work to hammer out an agreement. As currently written, this group of bills would offer the following items.
The package is a first draft and will likely change significantly as both parties work to hammer out an agreement. As currently written, this group of bills would offer the following items.
Jul. 27
S. 4236
Economic Recovery and Investment Through Employee Ownership Program
On July 21, 2020, Senator Ron Johnson (R-WI) introduced S. 4236, a bill to establish a federal grant program to encourage economic recovery through business investment and the creation and expansion of employee stock ownership plans (ESOPs). The bi-partisan bill has been co-sponsored by Senator Tammy Baldwin (D-WI) and was referred to the Senate Committee on Finance.
Economic Recovery and Investment Through Employee Ownership Program
On July 21, 2020, Senator Ron Johnson (R-WI) introduced S. 4236, a bill to establish a federal grant program to encourage economic recovery through business investment and the creation and expansion of employee stock ownership plans (ESOPs). The bi-partisan bill has been co-sponsored by Senator Tammy Baldwin (D-WI) and was referred to the Senate Committee on Finance.
Jul. 22
TEA Endorses Temporary Federal ESOP Grant Program Act
Thanks Sen. Johnson For Leadership; Encourages inclusion in COVID “Phase 4”
Thanks Sen. Johnson For Leadership; Encourages inclusion in COVID “Phase 4”
Jul. 21
Tuesday, U.S. Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, introduced the Temporary Federal ESOP Grant Program Act, legislation to recapitalize businesses as they resume operations by helping them to create or expand an employee stock ownership plan (ESOP).
This is an incredible milestone for the ESOP community. Thank Senator Johnson by clicking this link: https://ctt.ac/0jS3b
Read the full release from Senator Johnson's office below:
This is an incredible milestone for the ESOP community. Thank Senator Johnson by clicking this link: https://ctt.ac/0jS3b
Read the full release from Senator Johnson's office below:
Jul. 17
Virginia sets rules that employers must follow or face penalties; other states could use Virginia's rules as a model.
Jul. 16
By surviving tough times and retaining employees, ESOPs benefit the nation as a whole.
Jul. 09
Learn about federal and state guidance for ESOP companies planning to reopen, find out how to strengthen employee owner resiliency, find the latest on notifications and regulations, get insights on administering C corp ESOPs, and discover new content available for members—including our Summer Webinar Series, new virtual Regional Meetings, and the Professionals' Forum Summer Edition.