admin – Page 14 – Indiana Center for Employee Ownership

Employee Ownership Proclamations

August 23rd, 2019 admin Uncategorized Comments Closed

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…

INCEO and Central Indiana Small Business Development Center

August 14th, 2019 admin Uncategorized Comments Closed

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…

INCEO and the South Central Indiana Small Business Development Center

August 12th, 2019 admin Uncategorized Comments Closed

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…

Employee Stock Ownership Plans, Stewardship, and the Virtuous Business

August 6th, 2019 admin Uncategorized Comments Closed

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…

Is profit sharing/broad based capital ownership a new concept?

July 5th, 2019 admin Uncategorized Comments Closed

No not really…Did you know… On February 16, 1792, Washington signed into law a bill from the U.S. Congress that cut taxes for ship owners and sailors in the American cod fishery, in an effort to revive the failing industry. However, the tax cut was conditioned on a broad-based profit sharing arrangement between shipowners and…

Billy, Bobby & Retirement

June 28th, 2019 admin Uncategorized Comments Closed

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…

Massachusetts Center For Employee Ownership

June 28th, 2019 admin Uncategorized Comments Closed

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…

H.R. 2258

June 26th, 2019 admin Uncategorized Comments Closed

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…

2019 Beyster Symposium

June 23rd, 2019 admin Uncategorized Comments Closed

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…

Where are our Indiana ESOPs?

June 3rd, 2019 admin Uncategorized Comments Closed

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…