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A recently published NCEO report explored the impact of the COVID-19 pandemic on ESOP and non-ESOP companies in the U.S. food production, distribution, and sales industries.

It was a pleasant surprise to hear from a longtime peer, friend, and service provider in the ESOP community recently.

Of the many takeaways attendees leave NCEO meetings with, I’m always curious to know what they have learned about team dynamics and what makes some teams more successful than others.

ESOP companies have more moving parts than other companies.

By Delores Lawrence, Blue Ridge ESOP Services The plan document defines which employees may participate in the ESOP and which are excluded from participation. It defines the conditions for joining the ESOP. Simple, right? But things are not always as simple as they seem.

By Loren Rodgers, NCEO Executive Director

You’ve probably had

Employee ownership works for companies, communities, and employees. And there is a lot more broad-based employee ownership than most people realize.

In The Capitalist Manifesto, his 1958 book with Mortimer Adler, creator of the modern ESOP, Louis Kelso argued that as investment in capital increased, returns to wages would decrease.