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Under the newly announced organizational structure of EBSA, units that had reported to to the deputy assistant secretary for program operations, career official Timothy Hauser, will instead report to a political appointee. 

Pension & Investments is reporting that Preston Rutledge, the Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA), will be stepping down from his post in May.

Senators Chris Van Hollen and Marco Rubio and Representatives Dean Phillips and Blake Moore, have introduced the Employee Equity Investment Act (EEIA). The bill would use the Small Business Administration’s Small Business Investment Company program to provide loan guarantees for investment funds that are devoted to expanding employee ownership.

In an interview from 2016, Jennifer Briggs, then Director of Organizational Development and Human Resources at New Belgium Brewing, told the story of how one employee communicated to a new hire that employees at New Belgium “do not work for a corporation,” but rather, they “work for each other” as employee owners.

Working on Employee Ownership Month for your company? Take a look at four creative ideas from people at ESOP companies who have been working hard on their own plans for October.

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

Fifteen of the 19 winners in the medium- and large-company categories of B Lab’s Best For the World awards for workers are employee-owned (and almost all are NCEO members).

An NCEO analysis of Glassdoor ratings of companies on the Employee Ownership 100 list shows that they tend to be more highly rated by employees than their competitors. The study looked at the three main Glassdoor ratings:

Launched in October 2021 (timed to coincide with Employee Ownership Month!), EO Equals is a research-backed national media campaign designed to expand the employee ownership movement. 

A new NCEO research report, S Corporation ESOPs and Retirement Security, by Nancy Wiefek and Nathan Nicholson, documents the impact of employee ownership on employees, based on data for 61,000 plan participants at 39 ESOP companies.