It’s still early in the year, but for many of us, that means some already broken New Year’s resolutions. It’s not too late, however, to jump back on the improvement wagon and resolve to make the most of employee ownership at your company in 2024.
Based on our more than three decades providing practical communication, training and ownership-culture development services, here’s some real-world suggestions (i.e., ESOP resolutions) you can implement to be more effective this year while laying a solid foundation for future success.
The ESOP Association
ESOP Association Resources
Mar. 21
In February, The ESOP Association held its annual Professionals’ Forum in New Orleans, which featured an unveiling of the Association’s latest advocacy effort and lively discussions on the most critical ESOP issues. The Forum, the only event of its kind, serves a key role as a high-level discussion venue, sounding board, and learning experience for ESOP professionals.
Mar. 20
Photo: KMI International founder and CEO John Manning (right) with John Burgess
Mar. 14
Among an ESOP trustee’s most important responsibilities is setting the annual share price for company stock held by the ESOP. This price is used to facilitate transactions involving the ESOP or plan participants, and gives all participants the “current” value for what is one of their key retirement accounts. Because the ESOP trustee typically relies on an independent valuation prepared by an ESOP valuation professional or firm to determine the annual price, selecting the right professional and giving a complete review of the valuation is of the utmost importance.
Mar. 07
All ESOP Association members are eligible to apply to join any of the Association’s six Professional Advisory Committees. The Advisory Committees' mission is to help identify emerging issues, discuss best practices, and formulate the educational content for the hundreds of educational conference sessions held throughout the nation each year.
Mar. 05
The ESOP Association’s Newest Initiative Aims to Synthesize Compelling ESOP Messages Across Industry, Demographic Sectors, and Audiences
I have often said that as a community we are really good at talking about employee ownership to one another, but really bad in how we communicate to everyone else. The ESOP Association and The Employee Ownership Foundation have joined forces to try to do something about that, and provide meaningful, data-driven research to help you in your marketing and communications, too.
I have often said that as a community we are really good at talking about employee ownership to one another, but really bad in how we communicate to everyone else. The ESOP Association and The Employee Ownership Foundation have joined forces to try to do something about that, and provide meaningful, data-driven research to help you in your marketing and communications, too.
Dec. 28
In case you missed it, CNBC recently published a great article about ESOPs, with commentary by TEA President and CEO Jim Bonham.
Key highlights:
"There is massive new interest in employee ownership from prospective employees, especially younger workers, and from government and political leaders." – Jim Bonham
Key highlights:
"There is massive new interest in employee ownership from prospective employees, especially younger workers, and from government and political leaders." – Jim Bonham
Dec. 26
The traditional holiday season, stretching from Thanksgiving to the New Year, is upon us, and employee owners are preparing to celebrate a cornucopia of diverse customs and festivities with family, friends, and one another. Some of us are planners while others are gatherers, so whether you are responsible for preparing a Griswald-esque turkey feast, perfecting the ultimate side dish bring-along, showing up your in-laws, or simply just showing up, take a moment to consider how this time of gratitude likewise influences the ESOP community.
Dec. 21
Pictured Above: Northwest 2023 Company of the Year Bob's Red Mill and 2023 Employee Owner of the Year Laura Jaimes
It’s that time of year. TEA’s 19 chapters across the country are now accepting nominations for annual awards!
It’s that time of year. TEA’s 19 chapters across the country are now accepting nominations for annual awards!