Employee Ownership Blog

On December 29, the New York Times ran a 2,000-word report on the Mondragon Cooperatives as part of its series on capitalism during the pandemic.

On December 31, 2020, the Rutgers University Institute for the Study of Employee Ownership and Profit Sharing announced the 1

The $900 billion economic relief bill that just passed both the Senate and the House of Representatives includes a new round of funding for the Paycheck Protection Program (PPP), providing an additional $284 billion for the program.

New guidance from the U.S. Department of Labor on proxy voting of shares in retirement plans, including on environmental, social, and governance metrics, includes a brief section addressing whether trustees can and should override participant directions on offers to buy shares in a proposed acquisition of an ESOP company.

This video is my look back at 2020. I hope you’ll take a few minutes to join me for a short trip into the recent past, because this video is my way of saying thank you.

Many ESOP companies are looking to diversify their board membership but have a hard time knowing where to look. Board members tend to come from existing networks of CEOs, and tend to be older white males.

Results from our 2020 ESOP Executive Compensation Survey, containing detailed compensation data from 424 ESOP companies, are now available. The survey report includes breakouts by company size (revenue and employee count), industry, percent ESOP ownership, age of ESOP, and S/C corporation status.

On December 2, New York Mayor Bill de Blasio announced the city would start Employee Ownership NYC, an outreach program

It is important to build a rhythm and cadence in communications and internal education initiatives with employee-owners.

President-elect Joe Biden has named Jared Bernstein to the Council of Economic Advisers and nominated Neera Tanden to serve as director of the Office of Management and Budget.

This holiday season, support the employee ownership community by shopping for its products. The NCEO has curated unique gift ideas at every price point. Check out our gift guide and start shopping employee-owned.

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.