Employee Ownership Blog

The bill is a bold departure from prior legislation, and in this post we aim to explain its potential, what is different about its approach, and some issues that need clarification.

Following his earlier statement on linking employee ownership to government aid, Senator Ron Johnson (R-WI) has introduced a bill doing just that.

Each year, the NCEO compiles a database of all ESOPs in the US. This database breaks out privately held and publicly traded ESOPs, and includes the age of the ESOP, number of participants, total plan assets, and more. We have just released the 2020 version.

A new series of NCEO blog posts will explore interesting ownership culture insights on what the NCEO has learned over the years from companies, their stories, practices, and a wealth of survey data collected from employee-owners across the country.

Legislation proposed by Rep. Ocasio-Cortez and the House Armed Services Committee would encourage employee ownership.

Our recent ESOP Topics Survey gathered data from 160 ESOP companies on how they’re handling the COVID-19 crisis and other issues, including questions about their turnover rates in 2019. The surveyed ESOP companies reported dramatically lower turnover than overall national averages.

Only a handful of people in Congress have actually worked for an ESOP company, but Sen. Ron Johnson (R-WI) is one of them. In an interview with Urban Milwaukee on July 3, Johnson suggested linking government assistance to employee ownership.

On June 26, the United Kingdom observed Employee Ownership Day with celebrations in hundreds of companies across the country.

Two prominent writers, Timothy Wu and Robert Reich, have articles in the New York Times about COVID-19’s effect on ownership patterns among U.S. corporations.

Timely research published by the American Economic Review conducted by Professor Robynn Cox at USC adds additional evidence of the potential for ESOPs to address income and wealth inequality.

The NCEO has been exploring ways that employee-owned companies can mutually benefit by working together around insurance. We have come to believe that an NCEO captive insurance program might directly benefit our members and allow them to have more control over and transparency into their insurance programs.

Vallejo, California-based Michael's Transportation Service, Inc., which has been employee-owned since 2009, annou