Timothy Garbinsky
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ESOPs at their best do a lot more than provide working people with livable retirement income. Sure, this is perhaps the most important or compelling aspect of ESOPs, and one needn't look far to see reasons why this sort of wealth inequality solution is so vital in 2021.
Timothy Garbinsky
Our friends across the pond have just celebrated their own employee ownership day (EO Day 2021), releasing some very promising facts and figures along with it to highlight the state of employee ownership in the UK.
Timothy Garbinsky
Thank you to all of the sponsors, speakers, attendees, and staff who helped make our 2021 annual conference a rousing success! It not only was the largest virtual gathering in NCEO history but with 1,940 attendees was the second-largest event we’ve ever hosted, placing it just behind our last in-person annual conference in Pittsburgh, PA.
Timothy Garbinsky
As my colleague Jaymie Oviedo wrote earlier this week, this year we're celebrating the NCEO's 40th birthday! All year long we'll be releasing new and special materials to mark the occasion. This month we'll preview the new 2021 Annual Conference tracks by providing a free lookback at some of the highlights from last year's virtual conference.
Timothy Garbinsky
This Thursday I'll be presenting to our friends in the Netherlands about how American ESOP and other employee-owned companies have fared during this pandemic. And though I usually wouldn't be fully awake until the second football game of the day, I'm actually excited at the prospect of waking up at 6:30 am on a holiday.
Timothy Garbinsky
Employee ownership provides a lot of benefits to employees, communities, and companies, but one of the less discussed but most important features of employee ownership is that it allows companies to focus on long-term goals and values, not the short-term goals of public company shareholders or private equity firm buyers. Black & Veatch is the 10th-largest majority ESOP-owned company and the 12th-largest engineering company (in fact, 7 of the top 20 are employee-owned, and 6 are NCEO members). Recently, it made a major decision to focus on sustainable energy products and move away from any coal-related projects.
Timothy Garbinsky
At this year's Fall ESOP Forum, we wanted to highlight the member companies that are going above and beyond the call of duty in making their ESOP, their employee-owners, and their communities thrive. For this reason, we awarded the first annual Achievement Award to NCEO member Litehouse, Inc.
Timothy Garbinsky
Our friends at Certified EO have launched a new tool to help consumers support employee-owned businesses. Shop EO is a search engine for employee-owned businesses that sell directly to consumers. So far, you can search by keyword, state, and industry category. The industry categories available to search include:
Timothy Garbinsky
Today is the start of the America's Small Business Development Centers (ASBDC) annual conference, where employee ownership will be discussed not once, not twice, but thrice over the course of the event.
