Employee Ownership Blog

Wisconsin Assembly Bill 1217 would have provided that the “Wisconsin Economic Development Corporation may certify a business to claim a nonrefundable income tax credit for an amount equal to 70 percent of costs rela

In 2022, the National Defense Authorization Act created the first-ever government contracting program to specifically encourage ESOPs. Section 874 of the new law created a Department of Defense (DoD) pilo

There are interesting and helpful resources and research coming from Michael Darger and others at the University of Minnesota Extension program. Most recently, they conducted a rigorous survey of the state’s business owners that offers real insights into how employee ownership fits into their plans.

Increasingly, private equity (PE) is becoming a bigger part of American life through its unceasing ability to acquire businesses across all sectors of American life.

On April 2, Harvard Social Impact Review published “Rethinking Ownership: Putting Purpose at the Center,” which explores trust ownership, including employee ownership trusts and perpetual purpose trusts (EOTs and PPTs respectively).

Twenty-eight of the Forbes 200 largest private companies (by revenue) are partially or wholly employee-owned or have employee ownership-like plans. Two are companies with profit-sharing plans invested in company stock, one is a broad-based partnership, one offers phantom stock to all employees, one is an ownership trust, one grants stock awards, eight are minority-owned by ESOPs, and fourteen are majority-owned by ESOPs.

Following the lead of Colorado and Washington State, New Jersey appears to be mulling a potential state program for employee ownership.

Last September, we had the privilege of seeing Gina Schaefer, the founder of ESOP-owned A Few Cool Hardware Stores, deliver the keynote address at our 2023 Fall Forum in Houston.

Barbados’s Minister of Agriculture and Food Security Indar Weir announced that more than 11,000 workers at the two state-owned sugar companies will become owners of 20% of the stock as the companies transition to private ownership.

It's official: as of last night, our 2024 Annual Employee Ownership Conference, taking place from April 29 to May 1, has officially sold out! We are overwhelmed by the enthusiasm and reception from our community.

We're delighted to announce the launch of the Tandem Center for Shared Business Success.

The NCEO is delighted to announce three new members of its board of directors: Daniel Goldstein, Howard Kaplan, and Kerry Siggins; their biographies are below. The three-year terms of the new directors will begin on April 1, 2024. Congratulations and thanks to our new directors!