Corey Rosen
Lessons in Reinvention at the Fall Forum
Want to see reinvention at work? Watch this video from the Motz Corporation (parent company of two external brands: The Motz Group and USGreentech):
Employee Ownership Blog
Timothy Garbinsky
NCEO to Sponsor OEOC Conference
As I wrote in a blog post from July 30, the Ohio Employee Ownership Center's conference is just around the corner. The event, scheduled for Thursday, August 20, from 8:30 a.m. to 3:30 p.m. eastern time will be hosted via the same platform as our 2020 Annual Conference earlier this year.
Nathan Nicholson
How Having an ESOP Is Helping Companies Weather the Pandemic
Our recent ESOP Topics Survey asked companies to reflect on how employee ownership is affecting their ability to respond to the coronavirus pandemic. The responses show some encouraging perspectives on how an ESOP and an effective culture of ownership can help companies survive and thrive in crisis.
Corey Rosen
Companies with ESPPs Outperform Those Without Them
A new study by Carver Edison shows that over the last five years, public companies with employee stock purchase plans (ESPPs) had a return on equity of nearly 12% per year, compared to 7% in companies without these plans. They had operating margins of 9.5%, compared to 8.2% for non-ESPP companies, and they had four times the annual sales growth (4% to 1%). Almost half the S&P 500 and 40% of the Russell 3000 offer these plans. The study was based on market-weighted indices of ESPP and non-ESPP companies. It is not possible to tell whether companies that offer these plans tend to be better performers to begin with or whether there is a causal relationship with ESPPs.
Dallan Guzinski
Loren Rodgers
2020 Fall Forum: See the Curriculum Guide
From September 14 to 16, the 2020 Fall ESOP Forum will showcase the best resources the ESOP world has to offer for you and your company. To help you navigate which sessions will give you the answers you need, NCEO founder Corey Rosen and I have put together a curriculum guide with six tracks for a variety of roles and ESOP questions.
Timothy Garbinsky
Local Employee Ownership Conferences Continue Online
Adapting to the socially distanced world, both the Vermont Employee Ownership Center (VEOC) and the Ohio Employee Ownership Center (OEOC) have moved their annual conferences online.
Loren Rodgers
The Temporary Federal ESOP Grant Program Act: An Overview
Update on Sept 10, 2020: This bill was not included in the Senate Republicans' most recent coronavirus relief bill.
Timothy Garbinsky
Sen. Ron Johnson Introduces Bill Linking ESOPs to Gov't Aid
Following his earlier statement on linking employee ownership to government aid, Senator Ron Johnson (R-WI) has introduced a bill doing just that. In a press release issued on July 21, 2020, Senator Johnson described the Temporary Federal ESOP Grant Program Act. According to the press release, the bill would: