In this month’s jam packed issue: TEA talks Employee Ownership Month, the recent petition filed with the Department of Labor, and several events and updates for the Employee Ownership Foundation, including ESOPATHON! Also don’t miss the EOM poster contest winner, an AACE Awards update, and Edmunson Scholarship recipients.
The ESOP Association
ESOP Association Resources
Sep. 22
Washington, D.C. – The ESOP Association (TEA) today exercised its rights under the Administrative Procedure Act to petition the U.S. Department of Labor (DOL) to undertake a long-delayed rulemaking essential to the formation and ongoing operation of ESOPs. Since 1974, the Department of Labor has steadfastly refused to fulfill requirements of the Employee Retirement Income Security Act (ERISA) in violation of Congressional direction and stakeholders’ rights under the Administrative Procedure Act (APA).
Sep. 22
The ESOP Association (TEA), the national trade association representing companies with Employee Stock Ownership Plans (ESOPs) and ESOP professionals, today exercised rights under the Administrative Procedure Act to petition the U.S. Department of Labor (DOL) to undertake a long-delayed rulemaking essential to the formation and ongoing operation of ESOPs.
Jul. 29
Welcome to the July issue of the ESOP Report. This month we feature a lot of information about employee engagement, growing a culture, and resources to help your ESOP.
Jul. 21
Yesterday the House of Representatives passed H.R. 8294, a package of six fiscal year 2023 federal appropriations bills. The six-bill package includes the FY 2023 Financial Services and General Government funding bill, whose related agencies like the Small Business Administration have regulatory oversight of some ESOP-related issues, and which includes provisions that will directly impact ESOPs and employee ownership in America.
May. 25
Welcome to the May Issue of the ESOP Report, with a special feature on our 2022 TEA National Conference. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
May. 09
The ESOP Association has presented its inaugural Torchlight Award to Colorado Governor Jared Polis for his leadership in advancing employee ownership and employee stock ownership plans (ESOPs) in Colorado.
May. 06
FOR IMMEDIATE RELEASE
May 6, 2022
Cedar Rapids-Based, Folience, Named 2022 ESOP Company of the Year
May 6, 2022
Cedar Rapids-Based, Folience, Named 2022 ESOP Company of the Year
May. 06
FOR IMMEDIATE RELEASE
May 6, 2022
ESOP Association Announces 2022 Employee Owner of the Year
Sarah Limoges of Admix Inc. Earns Highest Individual Honor for Employee Owners
May 6, 2022
ESOP Association Announces 2022 Employee Owner of the Year
Sarah Limoges of Admix Inc. Earns Highest Individual Honor for Employee Owners
Jun. 21
Today, Project Equity and The ESOP Association (TEA) announced a new partnership designed to amplify employee ownership as a way to preserve businesses, strengthen jobs and build a more resilient post-pandemic economy. This partnership will use new, nationwide state-by-state data to demonstrate for lawmakers the impact of ESOPs (Employee Stock Ownership Plans) and worker cooperatives, particularly in relation to the massive generational shift in business ownership facing the nation, known as the “Silver Tsunami.” Project Equity used its data analysis to create 50 state-specific infographics which will be released as part of The ESOP Association’s 47th National Conference in Washington, DC this week. TEA has scheduled more than 220 individual meetings with Members of Congress and their staff to share the data as well as other legislative and regulatory priorities for the employee ownership community.