After several years of progress on drastically improving their communications, ownership culture initiatives, and getting the direct involvement of frontline employees in this process, ESOP-owned Acuity Healthcare was hit with their biggest challenge yet.
The tax provisions of the Biden administration’s American Families Plan would provide a substantial, if unintentional, boost to employee stock ownership plans (ESOPs).
In these challenging times, it can be difficult and, at times, even scary for many managers or leaders to communicate economic realities to those they serve and supervise.
The most effective employee ownership companies are the ones that generate and use the most good ideas from the most people about the most different things that can make the company better.
In a new report, Why Aren’t There More ESOPs: Assessing Barriers to ESOP Creation, Jared Bernstein, one of the three people Joe Biden has appointed to the Council of Economic Advisers
