INCEO recently joined a national collaborative of organizations working to convert businesses to worker- and employee-ownership by engaging with companies, places, and governments. This collaboration of like minded organizations named “Workers to Owners” is the leading body of knowledge and practice in the country focusing on small business conversions. Members share tools, practices, and innovations, aggregate…
Over 90 organizations, across 26 states and the District of Columbia joined the National Cooperative Business Association – CLUSA International in support and request a committee hearing on the Small Business Administration’s (SBA) recent report to Congress, “Cooperative Lending – Personal Guarantee Requirement” that was required through the bipartisan supported and passage of the Main…
Every 4 years, like clockwork, the Republican and Democratic parties will develop their party platform which will be voted and passed at the national conventions. It is my hope that the Republican National Party Platform will once again support Employee ownership. In the 2016 Party platform: Republicans believe that the employer-employee relationship of the future…
Did you know that on Labor Day 1974, President Ford signed the 1974 ERSIA act into law. What is ERISA? The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these…
Will you be attending the 3rd Annual Rutgers NJ/NY Center for Employee Ownership Conference at the The Heldrich Hotel and Conference Center New Brunswick, NJ on October 29? Conference topics include: How to sell your company to your employees Ownership succession and ESOP value Current trends in equity compensation Analyzing your Equity Compensation Plan’s return…
Does State legislation have an impact on ESOP creation? In 2012 Iowa, House File 2465, was signed into law on May 25. This bill exempts 50% of the net income from taxation if a company is sold to an ESOP that owns at least 30% of the stock. A review of the 2017 DOL data…
Last year, INEO worked with the Indiana Governor’s office and the Indianapolis Mayor’s office to issue proclamations in support of designating October Employee Ownership Month. This week we have initiated discussions with both the Governor’s and Mayor’s offices to ask for a similar proclamation in 2019. BUT I need your help as I would love…
The Indiana Center for Employee Ownership and the Central Indiana Small Business Development Center have agreed to to collaborate together to achieve the objectives of the Main Street Employee Ownership Act of 2018. INCEO and the Central ISBDC will collectively provide a program to offer technical assistance and training on the transition to employee ownership…
The Indiana Center for Employee Ownership and the South Central Indiana Small Business Development Center have agreed to to collaborate together to achieve the objectives of the Main Street Employee Ownership Act of 2018. INCEO and the South Central ISBDC will collectively provide a program to offer technical assistance and training on the transition to…
In case you missed it. Dr. Van Doel, and Dr. Wilkinson were published in The DeVoe Report, Volume 1, Issue 2, pp. 54-58. The article illustrated how culture commonly reported in ESOP companies has similar characteristics to Stewardship characteristics. Based on the data, the article illustrated how changes in productivity were significantly and positively related…