Three Formulas for More Employee Ownership
By Loren Rodgers, NCEO Executive Director The NCEO has been working on creating more employee ownership since 1981, and I think three formulas can help guide us there. Formula 1: An increase of 0.5% in employee ownership conversions creates 1.2 million new employee owners in ten years. Over 150,000 companies are candidates to adopt an ESOP, which means they are sufficiently large, sufficiently successful, privately held, and owned by someone 55 years or older
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