Timothy Garbinsky
Today is the start of the America's Small Business Development Centers (ASBDC) annual conference, where employee ownership will be discussed not once, not twice, but thrice over the course of the event.
Loren Rodgers
NCEO members have been telling us that they want a creative way to reinforce a sense of team work and community during the pandemic, and courtesy of two of our member companies, we have a suggestion. Hire an employee-owned company to send packages to all employee-owners at your company -- these packages can connect people, celebrate milestones, generate engagement, and create meaningful shared experiences in a new virtual world. Two NCEO member companies, Crêpes à Latte and American Solutions for Business, are standing by to help.
Chris Cooper
No area has been as much of a source of questions from ESOP companies than trustee and fiduciary matters. To help clarify these issues, we are once again partnering with the Beyster Institute on its Certificate Program for Non-Professional ESOP Fiduciaries. If you are an internal trustee for your ESOP during these unprecedented times, you may be facing decisions that are both challenging and outside of your previous experience. While it’s likely that circumstances have changed for your company, the core requirements for fiduciary success remain the same:
NCEO
The NCEO's 2020 ESOP Executive Compensation Survey is now collecting responses through October 30. Conducted since 2005, this survey is one of very few data sources for ESOP-specific executive compensation data. The survey is open to all privately held companies with an ESOP in place.
Dallan Guzinski
Is your company hoping to start a communications committee to educate employees about your ESOP? Does your existing committee need a bit of a reboot?
Loren Rodgers
Today we wrapped up our 2020 Fall ESOP Forum, and I want to take a moment to thank the sponsors, speakers, attendees, well-wishers, and staff who helped make it a success.
Corey Rosen
Many ESOP companies provide financial wellness education for employees—and even more should. Employees really appreciate the help in learning how to think about wealth-building strategies for the long term, and especially how their ESOP accounts fit into that. But it can be hard to find the time and resources to put together a really effective package, so we have done it for you.
Ivette Torres
The NCEO is happy to announce that we are expanding our events team. We are currently seeking to hire a conference coordinator, who will serve as the liaison between our conference director and the attendees, sponsors, and speakers of our annual spring Employee Ownership Conference.
Dallan Guzinski
Any company, whether it is employee-owned or not, would love to have a culture in which its employees think and act like owners in the workplace. Fortunately for ESOP companies, their employees really do have an ownership stake in the business they work for, but as we have said time and time again at NCEO meetings and events, the ESOP alone cannot create this type of attitude or engagement.
