Employee Ownership Blog

Corey Rosen

Canada Moves Forward on Employee Ownership

The Trudeau government has proposed a new budget that contains an important provision to look at ways for Canada to set up employee ownership trusts following the models of US ESOPs and UK Employee Ownership Trusts. The budget states that: “Employee ownership trusts encourage employee ownership of a business, and facilitate the transition of privately owned businesses to employees. Both the United States and the United Kingdom support and encourage employee ownership through these types of arrangements. Budget 2021 announces that the government will engage with stakeholders to examine what barriers exist to the creation of employee ownership trusts in Canada, and how workers and owners of private businesses in Canada could benefit from the use of employee ownership trusts.”

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Loren Rodgers

The State of Employee Ownership in Europe

On March 31, the European Federation of Employee Share Ownership (EFES) reported on the state of employee ownership in Europe in 2020 in its annual report on employee ownership in European countries. Author Marc Mathieu notes that “the upward trend in the number of employee shareholders continues,” but also that it may be in danger in Europe as it becomes “less and less democratic.”

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Loren Rodgers

Six Ways to Get the Most from the April 16 Preconference Sessions

On April 16, the NCEO’s preconference sessions will give you a chance to dig in and make headway on one single employee ownership issue. You can go into more depth than in a conference sessions without devoting a whole workday. The preconference sessions are 2.5 hours, which is a quick way to get a block of continuing education credit, and each preconference includes an integrated set of presentations to move you from point A to point B, whether you are starting from scratch or are a “regular” at our conferences.

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Loren Rodgers

The NCEO Is Hiring a Director of Finance and Operations

The NCEO is seeking to hire a Director of Finance and Operations. The DFO is a new position, and it reports directly to the Executive Director. The DFO is responsible for the overall financial management of the organization and for managing and budgeting human resources, office management and general business operations. This is a regular, full-time exempt, at-will position. The DFO serves as an analytic partner for the Executive Director for finance, human resources and business operations.

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Corey Rosen

Aspen Institute Urges More Support for Employee Ownership

In its report "A Job Quality Agenda for the Next Administration," the Aspen Institute, a leading nonpartisan think tank, joined the Center for American Progress, Council of Economic Advisors member Jared Bernstein, and others to “Promote employee ownership and worker cooperative models, which have been shown to have a positive association with quality jobs, by offering technical assistance and access to appropriate financing to support transitions to employee ownership, as well as new business development that includes some form of employee ownership. Funds could be made available to state employee ownership centers, experienced nonprofit organizations, and interested Small Business Development Centers to raise awareness about different employee ownership models among small- to medium-sized businesses and to extend technical assistance and facilitate financing.”

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