Employee Ownership Blog

Some months ago, there was optimism that the IRS would issue some kind of pronouncement on what approach it would take toward ESOP account segregation or rebalancing.

Rutgers University's School of Management and Labor Relations will offer 11 Beyster, Kelso, Rutgers, and Smiley fellowships for the 2010-2011 academic year to outstanding PhD candidates or post-doctoral scholars studying broadening the ownership of capital assets among members of a democratic soc

The NCEO will hold its annual election for board members in January. We accept only self-nominations. Board members serve a three-year term at their own expense. The board meets in person during the afternoon and evening preceding the annual conference and the morning of the conference.

The United Steelworkers and the Mondragon Corporation (the holding company for the Mondragon cooperatives) have agreed to a joint collaborative agreement for the development manufacturing companies in the U.S. that will be organized as worker cooperatives with steelworker representation.

The ill-fated ESOP at the Tribune Company will be terminated and replaced with a new 401(k) plan with a 4% match for employee contributions of up to 6% of pay. The company also said it will institute a profit-sharing plan.

A 2009 survey of 3,207 participants in employee stock purchase plans (ESPPs) by Computershare and the London School of Economics found that employees in the plans said they were more interested in the company, worked harder, and were less likely to look for a job in the coming year than those not

The NCEO will hold its annual election for board members in January. We accept only self-nominations. Board members serve a three-year term at their own expense. The board meets in person during the afternoon and evening preceding the annual conference and the morning of the conference.

Because inflation has grown at a negative rate over the last year, the IRS has announced there will be no changes in the various limits for contributions, distributions, defining highly compensated employees, and employee deferrals for 2010.

The NCEO will hold its annual election for board members in January. We accept only self-nominations. Board members serve a three-year term at their own expense. The board meets in person during the afternoon and evening preceding the annual conference and the morning of the conference.

If you have a closely held company, which is better, stock appreciation rights (SARs) or stock options? Options are still the most popular choice, but consider some downsides: when someone exercises an option, they have to pay after-tax cash for the shares.

Representatives Ron Kind (D-Wis.) and Earl Blumenauer (D-Ore.) have introduced the S Corporation ESOP Promotion and Expansion Act of 2009. The bill would: