Employee Ownership Blog

Grace Dawson

NCEO Holiday Gift Guide

Although we may not feel it in the air , the holiday season is quickly approaching. Before the rush of preparation overcomes us, I’d like to take a moment to look back at the year so far and thank our members and supporters for making it a great one. There were 1,973 of you at our Annual Conference in April, and we’re approaching the 330 mark for our Fall Forum registration. Helping employee ownership thrive is our mission and expertise, and this year, we’re improving our holiday benefit offerings in the form of our Holiday Gift Guide.

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Madelyn Hammack

Reflections on the 2023 National Employee-Owner Summit

Last week, I had the opportunity to attend the first day of the 2023 National Employee-Owner Summit in Downers Grove, Illinois. The two-day event, which is a collaboration between the NCEO and the OEOC (Ohio Employee Ownership Center), is moderated by the OEOC and offers non-managerial employee-owners the opportunity to learn from and interact with their peers from other ESOP companies through informational sessions, structured exercises, small group discussions, and even games.

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Corey Rosen

DOL Commits to Proposed ESOP Valuation Regulations by End of 2023

ESOP advocates have long urged the Department of Labor (DOL) to establish clear guidelines for adequate consideration requirements in ESOP transactions. The WORK Act (part of the SECURE 2.0 Act of 2022) requires the DOL to set guidelines for ESOP valuation. Simultaneously, the DOL has been facing a formal petition under the Administrative Procedures Act (APA) brought by the ESOP Association calling for the same formal rulemaking. The DOL denied the petition under the APA but nonetheless agreed to a formal public notice and comment rulemaking with a process that includes publishing their draft regulation through public notice and the opportunity for stakeholder comments. The agency must then respond to those comments before issuing any final regulation.

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Jaymie Oviedo

Discover the Path to Empowering Your Employees through ESOPs

We are excited to present our highly anticipated 1.5-day seminar Is an ESOP Right for You? in New Orleans from October 24–25, 2023. As the ESOP landscape grows, this event aims to equip entrepreneurs, business owners, and HR professionals with in-depth knowledge on ESOP transaction structures, plan design, financing, and more.

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