This is a fictitious story about Billy and Bobby. Billy and Bobby grew up in the same town and were best friends. They attended school together through college where they both received an engineering degree. After college Billy accepted a position at ABC Company, where the company provided a 401K Plan with a 100% match…
Congrats to Massachusetts for forming the newest State Center for Employee Ownership! STATE ALLOCATION REVIVES THE MASS. CENTER FOR EMPLOYEE OWNERSHIP Cambridge, MA—June 27, 2019 Following a meeting with state officials at the Massachusetts Office of Business Development (MOBD), the Massachusetts Center for Employee Ownership (MassCEO) received $50,000 dollars in state funding for its annual operating…
Many thanks to the following House Members for support of H.R. 2258: HR 2258 is a bill to support the Promotion and expansion of Private Employees Employee Ownership Act of 2019. Don’t see your representative on the list? Feel free to contact them to ask for their support. Representative / Co-Sponsor Date Rep. Smith, Jason…
As a Louis O. Kelso Fellow at Rutgers University’s School of Management and Labor Relations, Dr. Van Doel will be attending the 2019 Beyster Symposium June 23-25 in La Jolla, California. The purpose of the annual symposium is to study broad-based forms of financial participation in capital ownership and capital income, such as broad-based employee…
Last week I was asked about the distribution of ESOPs within our great state of Indiana. While it makes sense that the denser areas of population would have more businesses and thus a greater opportunity to have ESOPs, and the data does bear this out. For example Indianapolis is home to 43 ESOPs, Fort Wayne…