Find Your Resource

by Eamon Mulholland, Human Resources Partner and Employee-Owner, Wise Consulting

Retailer and department chain the John Lewis Partnership is mulling a reduction of its employee ownership percentage.

The NCEO is excited to announce that the 2021 Fall ESOP Forum will be back in September, this time as a hybrid event! After more than a year of virtual education, the NCEO’s 2021 Forum will take place both onsite and online.

We have released the 2022 update to the Employee Ownership 100, the 100 largest companies that are majority-owned by their employees. Many are 100% employee-owned.

Since the implosion of Enron, more than 60 lawsuits have been filed against trustees, fiduciaries, boards, companies, plan committees, and corporate officers (all of whom may have overlapping roles) for violating ERISA by failing to protect participants in the company's 401(k) plan and/or ESOP fr

In an unprecedented move, the producer of the Broadway show "Hamilton" will share the show's profits—roughly $500,000 per week in New York alone—with

Chart Your Course to an ESOP 

The Great Game of Business Meeting on open-book management will be held May 5-7. Readers of this update can get $100 off registration by registering online and entering the code "SPECIAL."

The difficulty of explaining stock ownership to employees was driven home recently by Steven Lear, who oversees the ESOP at U.S. Sugar, a majority employee owned company and one of the largest sugar processors in the world. An employee left with a $60,000 account balance.

A new survey of over 120 pre-IPO technology companies shows that 96% of their employees get new-hire stock option grants and 85% get follow-on grants.