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.
Chris Cooper, Michael Palmieri
At the National Employee-Owner Summit, we spent time with an amazing and diverse group of employee-owners from around the country. Here are three things we learned.
Dallan Guzinski
Every year we release the Employee Ownership 100, the 100 largest companies that are majority-owned by their employees. Many are 100% employee-owned.
Timothy Garbinsky
Launched in October 2021 (timed to coincide with Employee Ownership Month!), EO Equals is a research-backed national media campaign designed to expand the employee ownership movement.
Aaron Supple
Newly updated state-by-state ESOP slides are now available in our members-only area. These downloadable PowerPoint presentations are a member benefit breaking down the ESOP community in each state. The new slides reflect the most up-to-date data on ESOPs, including state-level statistics on the number of ESOPs and participants, an industry breakdown, the dollar value of plan assets and distributions, and more.
Corey Rosen
Governor Newsom has signed the California Employee Ownership Act. Both houses approved the bill unanimously. A broader version of the bill previously passed the Senate, but the bill was pared down in the Assembly. The Senate agreed to a pared down version with the understanding that an effort will be made to add the deleted features in the governor's next budget proposal.
Corey Rosen
Senators Gary Peters (D-MI) and Joni Ernst (R-IA) have introduced S. 4623, the AGILE Procurement Act of 2022, which aims to streamline federal procurement practices in the technology area. Peters chairs the Senate’s Homeland Security and Governmental Affairs Committee.
Corey Rosen
Congress has passed HR 4346, the CHIPS Act (previously called the America Competes Act), which now heads to Presdient Biden for signature. The bipartisan bill is primarily designed to make it easier for American chip and other technology manufacturers to compete worldwide, but it also contains a pilot provision (Section 25B) that directs Manufacturing Extension Partnerships (MEPs) to provide awards for a variety of worker education and training programs, including employee ownership.
Charles Chang, Kim Blaugher
Robust and cohesive corporate governance is key to ensure that companies function effectively. Corporate governance is an umbrella term that includes specific issues arising from interactions among senior management, shareholders, the board of directors, and other corporate stakeholders. These interactions result in decisions that steer a company toward success or failure, making it crucial to understand the roles and responsibilities of each stakeholder.
