Nancy Wiefek
We've just released this year's EO 100, our annual list of the largest broad-based employee-owned companies in the US. Most are ESOP-owned, and one is a cooperative. To be on the list, companies must be at least 50% employee-owned; most on the list are 100%. Collectively, these broad-based plans cover over 655,000 people.
Nancy Wiefek
ESOP companies know that helping employees feel like an owner is key to getting the best outcomes. Still, creating that feeling in day-to-day operations is a complex task requiring more than just putting high-performance management practices in place. Companies must also create positive feelings and a connection to the company. This mindset can give ESOP companies a unique advantage over traditional companies.
Nancy Wiefek
A rigorous new study conducted by Dr. James Hasik on behalf of the Employee-Owned Contractors Roundtable provides more evidence of the particular, positive impact of ESOP firms on company performance and resiliency.
Nancy Wiefek
There are interesting and helpful resources and research coming from Michael Darger and others at the University of Minnesota Extension program. Most recently, they conducted a rigorous survey of the state’s business owners that offers real insights into how employee ownership fits into their plans.
Nancy Wiefek
The 2023 compensation survey is now open at this link or you can cut and paste the following into your browser's search bar:
Nancy Wiefek
The 2023 Repurchase Obligation Survey Report is now available. Our sincere gratitude goes to our survey respondents, who make these surveys possible.
Nancy Wiefek
The Office of the New York State Comptroller recently released a report “Employee Ownership of Businesses in New York State” outlining the most common forms of employee ownership, the number of such businesses in New York State from the NCEO comprehensive database, and how “employee ownership can positively impact employee compensation and retirement assets making it an effective tool to create lasting wealth and improving employee satisfaction.”
Nancy Wiefek
The NCEO’s 2022 ESOP Executive Compensation Survey report is now available. We extend our sincere gratitude to all of our survey respondents! We encourage all respondents to use their discount codes, sent via email, to receive 75% off purchase of the report.
Nancy Wiefek
The NCEO just completed a large grant-funded project examining whether and how employee ownership affected companies and employees in the U.S. food system during the COVID-19 pandemic. This project involved commissioning a national polling firm to collect original survey data from executives at ESOP and non-ESOP-owned companies. It speaks to important issues of workforce retention, business competitiveness, and the retirement security crisis. Namely:
