We're delighted to announce the launch of the Tandem Center for Shared Business Success. A nonprofit initiative founded in November 2023 by Chip Cargas, founder and chair emeritus of the employee-owned company Cargas, and created in partnership with the Lancaster Chamber, the Pennsylvania Center for Employee Ownership (PaCEO), and the National Center for Employee Ownership (NCEO), Tandem offers pathways for business success through two proven programs: profit sharing and direct employee ownership. The Center provides education and technical assistance to businesses, enabling them to thrive in ways that benefit owners, employees, and other stakeholders. 

Direct share ownership, like ESOPs, worker cooperatives, and employee ownership trusts, is another powerful yet underused form of employee ownership. Direct share ownership is exactly what it sounds like—any incorporated business, no matter how small, can give or sell shares directly to employees, allowing them to share in the success of the business.

NCEO Executive Director Loren Rodgers sits on Tandem’s board, and we’re excited to support its mission to bring shared business success programs to businesses of all industries and phases of development. As such, if you’re interested in working with Tandem toward this goal, we encourage you to take a look at its current opening for an executive director and apply via the website.