The ESOP Association
ESOP Association Resources
Nov. 26
House Committee on Education & the Workforce discovered DOL secretly sharing confidential information with plaintiffs’ attorneys pursuing class action lawsuits against plan fiduciariesWashington, DC – The ESOP Association today applauded House Committee on Education & the Workforce Chair Virginia Foxx for calling out potential abuse of authority at the Department of Labor (DOL) and its Employee Benefits Security Administration (EBSA) and calling for an investigation by the DOL’s Inspector General.
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Nov. 20
Strategic planning is not just for executive leadership or the management team. I would go so far to say that the execution of your strategy happens with those employees who are closest to the customer, the product, or the service: The Front-Line Employees! If you believe in this assumption, you should be including them in developing your organization’s strategy. If you want their buy-in, you must get their input. If you want their input, you must first teach them about the business. You can start by teaching them how to set objectives, goals, tactics, and measures.
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Nov. 15
At The ESOP Association, we believe in recognizing and celebrating the exceptional efforts and achievements of our outstanding members. It's that time of the year again when we invite you to participate in our Employee Owner of the Year and Company of the Year Awards.We know that TEA’s success is a collective effort, and we want to honor those members who go above and beyond to contribute to our vibrant ESOP culture. We encourage you to take a moment to reflect on the remarkable accomplishments of your colleagues or company and nominate them for the prestigious awards.
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Nov. 04
Over 50 years after the legislation creating ESOPs was signed into law by President Gerald R. Ford, the U.S. Department of Labor is now in the final stages before publishing the single most important regulation necessary for ESOPs: standards and procedures by which a Trustee can in good faith evaluate stock price.
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Nov. 01
Welcome to your October issue of the ESOP ReportThis 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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Apr. 30
In the rapidly evolving business landscape, employee stock ownership plans (ESOPs) have emerged as a pivotal strategy for fostering an engaged and motivated workforce. The heart of successfully navigating the ESOP ecosystem lies within the effective communication strategies deployed by an organization. At the forefront of these strategies are ESOP Communication Committees, whose role extends far beyond mere information dissemination. These committees are instrumental in creating, building, and sustaining education, alongside driving cultural improvements within employee-owned companies.
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Apr. 25
Pictured: The BAYCOM team, along with the co-CEOs of OwnersEdge, celebrate the Fastest Growing Company award on February 28. Katie Busch, president of BAYCOM, is pictured front middle. Christine Adee, CEO of OwnersEdge, is to the right of Busch in the front row and Rob Dillon, CEO of OwnersEdge, is in the back row to the right of Busch. In 2016, BAYCOM was acquired by OwnersEdge, a 100% employee-owned ESOP holding company based in Waukesha, Wis.
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Apr. 23
Aaron Moberger, an employee owner and Project Manager at Avid Products, was recently named as the inaugural Vice Chair of the Massachusetts Center for Employee Ownership’s advisory board. Aaron is the immediate past President of The ESOP Association’s New England Chapter, and for years has been a key volunteer leader in TEA’s chapter network. We asked Aaron to share his thoughts about his new leadership role with MassCEO, and how the organization can help grow employee ownership in the state.
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Apr. 18
The most common comments I hear from ESOP Advocacy Day attendees before participating are some version of “I’m not sure what to do/say” or “It’s a little intimidating.”
The most common refrains I hear after Advocacy Day: “This was easy and really fun” and “I can’t wait to do it again next year!” I encourage you to join ESOP Advocacy Day whether it’s your first time or you’ve been doing it for years.
The most common refrains I hear after Advocacy Day: “This was easy and really fun” and “I can’t wait to do it again next year!” I encourage you to join ESOP Advocacy Day whether it’s your first time or you’ve been doing it for years.
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Apr. 16
Just Announced: Dave Barry to Headline Awards Gala!
Get ready for an unforgettable evening at National Conference as we celebrate the very best of employee ownership!
The ESOP Association's annual awards ceremony has always been a popular event, as we honor the best individual and ESOP company accomplishments. This year, we are taking it to a whole new level with the Celebration of Excellence in Employee Ownership awards gala.
Get ready for an unforgettable evening at National Conference as we celebrate the very best of employee ownership!
The ESOP Association's annual awards ceremony has always been a popular event, as we honor the best individual and ESOP company accomplishments. This year, we are taking it to a whole new level with the Celebration of Excellence in Employee Ownership awards gala.
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