New Census Bureau Study Shows Participation Programs Limited

The rhetoric about employee participation appears to have far outraced the reality. In a survey of plant and site managers at companies with more than 20 employees, only 18% report even having experimented with employee work teams.

Manitoba Fund Creates Canadian ESOP

In a few Canadian provinces, employees are able to get both provincial and federal tax credits for buying employer stock. They can also get credits for investing in labor venture capital funds that invest in local companies.

Starbucks One of Five Business Enterprise Trust Winners

For the third consecutive year, an employee ownership company and NCEO member has been named one of the five recipients of the Business Enterprise Trust Award. The award recognizes excellence in balancing free enterprise objectives with socially responsible actions.

Legal Tip: Remember Attribution Rules

In determining whether an ESOP allocation is allowed, don't forget to consider attribution rules. Spouses and dependent children, and possibly others, can have their income attributed to another individual.