Corey Rosen
The Wall Street Journal reports that OpenAI is paying employees more in stock compensation than any other tech startup in history. Based on data from Equilar, the Journal found that the total stock compensation averages $1.5 million per employee, more than seven times what Google disclosed when it went public in 2004.
Corey Rosen
Grand Rapids, MI, has become the first city to provide purchasing preferences for employee-owned businesses (PDF). Businesses can be employee-owned through an ESOP, an employee ownership trust, or a worker cooperative and must be certified by a recognized third party, such as Certified Employee-Owned or the NCEO.
Corey Rosen
Two new proposals to promote employee ownership have been introduced in Congress, the National Worker Cooperative Development and Support Act and the Empowering Small-Business Ownership Participation (ESOP) Act.
Jaymie Oviedo
Considering an employee stock ownership plan (ESOP) for your company? Join us February 2–3 in Fort Lauderdale for an intensive two-day event designed to help business owners explore whether an ESOP is the right succession planning strategy for their organization.
Jaymie Oviedo
The employee ownership community is about to experience something transformative. This February 2–3 in Fort Lauderdale, the NCEO is launching its first-ever Women's Summit—a groundbreaking event designed specifically for women navigating and leading in the employee ownership space.
Corey Rosen
The UK's Budget 2025 states that the government will introduce legislation in Finance Bill 2025-26 to change the current 100% tax break on the sale of a closely held company to an employee ownership trust (EOT) from a 100% exemption to a 50% exemption.
Corey Rosen
The vast majority of US companies owned broadly by employees have an ESOP. We recently released our yearly update to the Employee Ownership 100, the 100 largest companies owned by an ESOP or a worker cooperative. By the nature of these plans, most or usually all employees meeting a basic service requirement can become owners.
Corey Rosen
A new survey of more than 3,000 people by MarketBeat listed 9 employee-owned companies on its list of the 118 most ethical companies in the US. The survey asked people to name the companies that most closely align with their personal and moral values. All but two of the employee-owned companies on the list (H-E-B and Wawa) are majority employee-owned, and all but two (H-E-B and Edward Jones) are employee-owned through ESOPs.
Liza Shifrin
The 2025 ESOP Executive and Board Compensation Survey report is now available. Thank you to all of the survey respondents for making this survey possible. All respondents received the full report as a thank you.
