Employee Ownership Blog

Corey Rosen

Congress Makes 100% ESOPs Eligible for Sole-Source Follow-on Awards

The National Defense Authorization Act signed into law by President Biden on December 27 contains the first-ever government contracting program to specifically encourage ESOPs. Section 874 of the new law creates a Department of Defense pilot program that would allow companies that are or become 100% ESOP-owned to receive noncompete follow-on contracts for the work. The award would be contingent on a finding that the contractor’s performance was satisfactory or better. The program will run for five years, and the Government Accountability Office is required to provide an assessment of it within three years of the program’s enactment.

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Ramona Rodriguez-Brooks

Our 2021 Holiday Gift Guide Is Here!

This gift-giving season, the NCEO has put together another group of ESOP company members offering a variety of gift options. From the home chef to the devoted dog owner, our 2021 Holiday Gift Guide can help you find a thoughtful gift from an employee-owned company for everyone on your list. 

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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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Dallan Guzinski

Network, Get Feedback, and Commit to Action with Fellow ESOPs

You might be surprised by just how many employee-owned companies that use our Ownership Culture Survey are shocked when receiving employee feedback about their workplaces and ESOPs. Thankfully, all the companies we work with are eager to get that feedback because it gives them insights into the experiences of their fellow employee-owners. With the critical feedback and input they need, companies identify their strengths, but more importantly, they identify important aspects of company culture in need of improvement. Over the next few months, the NCEO will bring ESOP companies together for its first Ownership Culture Survey Networking program to collect feedback concerning employee attitudes and work collaboratively to build an effective action plan.

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