When Kris Maynard, the CEO and cofounder of Essential Ingredients, gathered employees for a celebration of the company's 15th anniversary, he had a surprise in store.
The Michigan Democratic Caucus announced a bill (H.B. 5202) that would provide tax incentives for employee ownership, and a second bill (H.B. 5201) would direct the state to develop a program to assist in developing employee-owned businesses.
On October 15, the NCEO released a new publication, A Guide to DOL ESOP Investigations, that provides the first comprehensive and quantitative analysis of the Department of Labor’s ESOP investigations.
Today, Sen. Bernie Sanders released a position paper, Corporate Accountability and Democracy, that begins with the words “We will give workers an ownership stake in the companies they work for.”
A new report by John Zogby Strategies conducted for the Employee-Owned S Corporations of America (ESCA) provides evidence of the positive impact of ESOPs on younger workers (ages 22 to 40).
