Employee Ownership Blog
NCEO

NCEO

Is an ESOP right for you? Seminar Sweeps into Nashville

The next Is an ESOP Right for You? seminar is coming soon to Nashville, TN on July 29-30.  This two-day event is designed for companies considering a transition to employee ownership.  Over the course of two days, attendees will have the opportunity to meet with existing ESOP companies, expert service providers and staff from the NCEO and Employee Ownership Expansion Network (EOX) to learn more about employee ownership as a whole, the mechanics of setting up an ESOP including, feasibility, transaction structure, tax implications and more, as well as explore alternatives to an ESOP. The meeting will consist of both interactive roundtable discussions as well as presenter led content, with plenty of opportunities for Q&A. 

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NCEO

The PaCEO Holds Press Conference for EO Month and New Bill

On October 26, 2022, Pennsylvania celebrated Employee Ownership Month with a press conference in the Capitol Rotunda in Harrisburg. The celebration included a citation honoring the nonprofit Pennsylvania Center for Employee Ownership (PaCEO), but more importantly, it included the formal introduction of PA House Bill HB-2888, establishing a Pennsylvania Office of Employee Ownership, and the introduction of the Pennsylvania Employee Ownership Assistance Act.      

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NCEO

House Passes Bill That Would Limit Arbitration in ERISA Plans

By a vote of 220-205, the House passed the Mental Health Matters Act. Most of the bill would provide funds to expand access to mental health and substance abuse services for children and young adults but another provision would bar compulsory arbitration in all ERISA plans. Additionally, it would ban forced arbitration clauses, class action waivers, and discretionary clauses, and it would make representation waivers unenforceable. Participants can still agree to arbitration after a dispute arises, but only if:

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NCEO

Who Should Own Your Business After You? A Virtual Learning Series

Making employee ownership thrive includes increasing the number of employee-owners. As part of our mission, we produce events and disseminate information about establishing employee stock ownership plans (ESOPs) to businesses across the U.S. We took a bit of a break to reimagine this outreach and look forward to relaunching bigger and better in 2022.

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NCEO

Join us this December for the Communications Committee Crash Course

A former communications committee member at a mature ESOP company recently told me that her participation gave her the tools to apply for an plan administration position that had opened at the company. Prior to participating on the committee, she had not gained the education or experience necessary for the role. She noted that being in a position to educate and communicate technical information to her colleagues made her a better learner in the process, but that the learning never stops. Whether you're new to employee-ownership or ESOP communications or you need a refresh, there's always more to be shared and ideas to be had when working with other employee-owners in all 50 states.

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NCEO

Survey Your Employees with a Little Help from Your Friends!

When employee-owned businesses openly share their best practices or approaches to employee engagement and communication, it’s not lost on those attending our conferences for the first time. Some of the best ideas or solutions attendees get from our conferences come directly from other employee-owners and ESOP companies. The networking and collaboration is a huge part of why so many employee-owned businesses thrive. 

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