Employee Ownership Blog
Timothy Garbinsky

Timothy Garbinsky

Employee Ownership Plays the Great Game of Business

We at the NCEO have long thought (hoped?) that employee ownership would be a bigger part of being a successful business. Beyond its potential as a succession planning option for business owners (which shouldn't be overlooked), employee ownership has time and again demonstrated that it can serve as a robust employee benefit by itself, providing companies with a meaningful way to reward and engage employees. The impact of this engagement on company resiliency has been shown repeatedly in the last few years.

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Timothy Garbinsky

Congratulations to Joseph Blasi

Dr. Joseph Blasi, one of the driving forces of academic interest and research on employee ownership, has stepped down from his role as the director of the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University. He will continue his work as both a researcher and mentor at the university's School of Management and Labor Relations.

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Timothy Garbinsky

Oregon Bill Would Give ESOPs Public Procurement Preference

A new bill in the Oregon state legislature would give employee-owned businesses a purchasing preference for public contracting. HB 3646, which is sponsored by Representative Thủy Trần (D), alongside Representatives Andersen (D), Marsh (D) and Neron (D), and Senators Patterson (D), Sollman (D), and Weber (R), adds entities in which employees own at least 50% of the business (either directly or through an ESOP) to the list of preferred sources for public contracts, allowing them to receive the same preference currently given to benefit companies. This permits state agencies to select their bids even if they cost up to 5% more than the lowest bid from a non-preferred business. A work session for the bill is currently on the agenda of the May 13 meeting of the Oregon Senate Committee on Labor and Business.

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Timothy Garbinsky

Apis & Heritage Receives 2025 Skoll Award for Social Innovation

Apis & Heritage Capital Partners has been named the recipient of a Skoll Foundation Award for Social Innovation. The award, which includes a $2 million prize, "shines a light on the extraordinary leaders and organizations advancing transformational social change to create a more sustainable, peaceful, and prosperous world for all," according to a recent press release for the award.

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Timothy Garbinsky

Rutgers Announces University EO Consortium

Rutgers University just launched the University Consortium on Employee Share Ownership, which is "dedicated to fostering collaboration among university-based initiatives that advance the study and practice of employee share ownership." In a press release from October 22, the school's Institute for the Study of Employee Ownership and Profit Sharing announced that, in convening 12 universities for this express purpose, it has created the first higher education network in the employee ownership space.

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Timothy Garbinsky

Employee Ownership, Corey Rosen Featured on Freakonomics Podcast

Following hot on the heels of the 60 Minutes episode this past weekend, employee ownership was the focal point of a recent episode of the popular podcast Freakonomics. Titled "Should Companies Be Owned By Their Workers?," the episode puts host Stephen J. Dubner in conversation with NCEO founder Corey Rosen as well as KKR's Pete Stavros and the Democracy Collaborative's Marjorie Kelly.

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