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The new Benazir Employees Stock Option Scheme in Pakistan will provide employees with 12% of the government-owned shares in 80 state-owned enterprises at no cost to the employees.

Pam Chernoff, who has worked for the NCEO developing equity compensation programs since 2003, has taken a new position at the Certified Equity Professional Institute (CEPI). One of her main projects at the NCEO was the prep course for the CEP exam.

Parsons Corporation, a 100% ESOP-owned engineering company with 16,000 employees, has set the terms for its IPO. The ESOP will continue to own 80.8% of the shares. The offering is expected to raise over $500 million.

On March 7, Reuters reported that employee-owned Parsons is planning an initial public offering.

Researcher Suzanne Cromlish has been investigating ESOP companies that make acquisitions to determine what separates the long-term successes from the failures.

Over the period 1991 through 1996, the ACS employee ownership index has measured the shareholder returns in public companies with 10% or more broad employee ownership. The index has substantially outperformed market averages.

Congress voted to add $310 billion in funding to the Payroll Protection Program (PPP). Banks have said the funds are likely to run out quickly.

On April 28, the PBS NewsHour did a followup story on ESOP-owned SRC Holdings (formerly Springfield ReManufacturing Corp.

On October 22, the PBS NewsHour's weekly economics segment (7 min., 42 sec.) focused on employee ownership, using the sale of New Belgium Brewing to its employees as an ex

On April 6 at 5PM (Pacific), Seattle's television station KCTS-9 will begin a national run of the film Shift Change, which documents the development of worker cooperatives in the United States, as well as their connections with the inspiring network of worker cooperatives in Mondragon, Spa