New Jersey Advances Legislation to Encourage ESOPs

On September 17, the Labor Committee of the New Jersey Senate unanimously approved bill S945, legislation by Donald Norcross (D) that creates a gross income tax exclusion for capital gain

New NCEO Data on Executive Compensation Practices in ESOP Companies

The NCEO gathered executive compensation data for the 2013 fiscal year between April and June 2014, receiving a total of 374 valid surveys from a diverse group of ESOP companies. The survey collected data on base pay, cash incentive pay, stock-based incentive pay, and deferred compensation.