Events

There are several ways to finance the repurchase obligation, including "pay-as-you-go" funding, pre-funding, paying dividends/S corporation distributions, corporate-owned life insurance, and incurring debt, i.e., releveraging the ESOP. The methods for handling repurchased shares, i.e., redeeming or recycling, will also be discussed. This webinar will cover the mechanics as well as the pros and cons of each.

Closely held ESOP companies have a specific legal obligation to buy back stock from departing and diversifying employees. This webinar will describe these requirements and explore than various alternative approaches you can use on such issues as the timing, form, and requirements for distributions, including lump-sum versus installment payments, account segregation at termination, changing when the distribution occurs, diversification requirements, what valuation to use, and more.

Most ESOP companies value creating a workplace where people feel included, can grow and develop, and can contribute meaningfully to the success of the company.  While many companies understand the business case and already recognize the value of employing a diverse workforce and cultivating a culture of inclusion, they struggle with knowing where and how to start and what to do to keep the momentum moving forward. This webinar is appropriate for all levels of experience to learn practical strategies.

ESOP fiduciaries and others responsible for the annual ESOP appraisal need to understand the interaction between their companies' S corporation statement and the valuation. The benefits of being an S corporation ESOP add several layers of complexity to the annual valuation. For example, ESOP shares are valued by law at the price a "willing buyer" would pay, but there is no guarantee that this hypothetical willing buyer would be an S corporation or have an ESOP. Does that make it impossible for the appraisal firm to consider the S corporation ESOP tax shield? If not, how should it affect the annual valuation? Does the appropriate valuation method change for initial transactions, ongoing operation, or in evaluating a potential sale of the company? What's the difference between valuation for a 100% ESOP-owned S corporation and one where the ESOP has a smaller stake?

This webinar will explore the theories advanced in legal cases, potential defenses to such claims, how courts have handled these claims in recent cases, and considerations for structuring these types of payments to mitigate risk.

Leaders often ask what it takes to get more employees "thinking like an owner." The truth is, It takes more than just an ESOP. One challenge to engaging all employees as owners are the often invisible divides based on class and profession in our organizations: office and field, shop floor and customer service, sales, and warehouse.

Every year we hear great ideas from ESOP companies on culture, administration, sustainability, governance, and more. This webinar brings together many of these ideas in a single place.   There are no prerequisites or advanced preparation required for this introductory-level session. Field of Study: Specialized Knowledge Delivery Method: Group Internet Based For more information on the types of Continuing Education Credit offered please visit Continuing Education Credits for Meeting and Webinar Attendees.

Employee communication is a common theme in successful ESOP companies. This webinar highlights how the communication committee is essential to the long-term success of the organization. Our goal is to help your company have an effective internal communications committee.