Employee Ownership Blog

Dallan Guzinski

Ownership Culture Insights: Rhythm and Cadence in Communications

I was recently joined by Trevor Monnig, CFO at employee-owned PFSbrands, and Patrick Carpenter, president of GRITT Business Coaching, to discuss the importance of rhythm and cadence in communications and internal education initiatives with employee-owners. As part of a series in the NCEO’s new seasonal training program, the Communications Committee Crash Course, employee ownership and business leaders have been meeting for several weeks to learn about what makes ownership culture and communications thrive in an ESOP company. My two guests joined us to focus on what has helped PFSbrands accomplish its goals in the midst of a pandemic and further engage employees in the financials of its business.

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Corey Rosen

Biden Names Key Pro-Employee Ownership Advisers

President-elect Joe Biden has named Jared Bernstein to the Council of Economic Advisers. Bernstein wrote a 2016 paper, Employee Ownership, ESOPs, Wealth, and Wages, for the Employee-Owned S Corporations of America (ESCA) on why employee ownership is important. Bernstein said that he did not support further tax incentives, but did support a federal outreach program on ESOPs and conditioning current corporate tax incentives on sharing ownership.

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Timothy Garbinsky

Giving Thanks in 2020

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.

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Timothy Garbinsky

ESOP-Owned Black & Veatch Focuses on Sustainable Energy

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.

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Kim Blaugher

Guest Blog: New Beyster UCSD Course for ESOP Professionals

The ESOP community has asked for a graduate-level course that will provide emerging consultants with the broad level of knowledge required of them, and we are happy to help meet that need. The Beyster Institute is excited to announce our new academic course in partnership with the University of California, San Diego Extension team. "Understanding ESOPs: Training to be an ESOP Professional" is a 16-week course for both emerging leaders in the ESOP community and those new to the world of employee ownership. We have invited subject-matter experts from key areas of employee ownership to pass on their high-level knowledge and wisdom through lectures and specialized activities.

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Admin

2021 Webinars: Make Your Voice Heard

If there is anything that 2020 has taught our community, it’s reinvention. We at the NCEO have made incredible changes to our programming over the past 10 months. Along the way, we learned valuable lessons about how we fit into your lives. With those lessons in mind, we are redesigning our webinar program to deliver up-to-the-minute employee ownership information in a format that fits today’s reality.

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