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.
The ESOP Association
ESOP Association Resources
Jun. 08
The latest news from the ESOP community and TEA. Make sure to share the ESOP Report with your colleagues!
Revised 6.9.2021 at 2:30PM.
Revised 6.9.2021 at 2:30PM.
Jun. 03
A Look at Funding Via Pension Plans and Some Insights on Which Situations Might Best Fit this Approach
Chapter News, Resource
Jan. 31
Review of 2017 government relations efforts.
ESOP Blog, Resource
Jan. 31
I am hearing increasingly from certain thought leaders that current ESOP laws do not create “good” employee ownership plans.
Anytime we ESOP advocates encounter someone who takes such a view of ESOPs, we need to ask ourselves, “Why does that person think ESOPs are not good employee ownership plans?” When we know the answer, we can counter the ESOP cynic’s point of view.
In my experience, there are three main criticisms of ESOPs. I’ll deal with each one in a separate blog post.
The first criticism maintains that ESOPs are bad retirement plans.
Anytime we ESOP advocates encounter someone who takes such a view of ESOPs, we need to ask ourselves, “Why does that person think ESOPs are not good employee ownership plans?” When we know the answer, we can counter the ESOP cynic’s point of view.
In my experience, there are three main criticisms of ESOPs. I’ll deal with each one in a separate blog post.
The first criticism maintains that ESOPs are bad retirement plans.
Resource, Press Releases
Jan. 21
For more than 28 years, Employee Ownership Month has been an opportunity for ESOP (employee stock ownership plan) companies across the nation to educate employee owners and the public about the undeniable benefits of employee ownership for employees, their companies, their communities, and the nation.
ESOP Blog, Resource
Jan. 17
For some time now, the data have shown that businesses with employee stock ownership are clearly better than conventionally owned companies at retaining employees. But new insights gleaned from existing research data show that, over a period of 12 years, businesses with employee stock ownership have gotten increasingly and dramatically better than conventionally owned firms at retaining employees.
How much better? Try 235 percent better!
How much better? Try 235 percent better!
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, DOL, Foundation, Compliance Testing, Communication, EBSA, Employee Ownership Month
Jan. 10
Shifting views on personal property just might open the door to greater employee ownership.
ESOP Blog, Resource
Jan. 03
It would be easy for us to sit back and bask in the comfortable knowledge that the Congressional tax committees did not draft tax reform measures that negatively affect ESOPs.
Certainly, that is good news. But we can’t let that recent success cause us to remain ignorant of the fact there remain plenty of people who do not believe in the things that we believe—that ESOPs are good for our nation, our companies, and employees.
Sometimes that dislike for ESOPs can be harder to spot, because it is hidden under an apparent love for different forms of employee ownership.
Certainly, that is good news. But we can’t let that recent success cause us to remain ignorant of the fact there remain plenty of people who do not believe in the things that we believe—that ESOPs are good for our nation, our companies, and employees.
Sometimes that dislike for ESOPs can be harder to spot, because it is hidden under an apparent love for different forms of employee ownership.
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, TPA, Communication, Foundation, Kelso Fellows
Jan. 01
A report from the 2018 Kelso Workshop.