New Jersey State Senator Troy Singleton introduced S. 3112 on October 18, 2018. This legislation provides for a gross income tax exclusion for capital gains from sale of certain employer securities. As stated in the legislation This bill provides a gross income tax exclusion for certain capital gains from the sale of employer securities of…
Gender Equity Inequality – Are ESOPs the answer? In a recent article by Simone Stolzoff, based on a report from Carta, she reported that while women make up 35% of equity-holding employees, they hold only 20% of employee equity. The data, which was compiled from 180,000 employees across 6,000 companies, shows women employees own just $0.47 for…
Indianapolis, Indiana – Mayor Joe Hogsett has issued a proclamation declaring the month of October 2018 as Employee Ownership Month. October has been celebrated as Employee Ownership month for over 20 years, and is a terrific celebration of the spirit of employee ownership, and an invaluable opportunity to educate employee owners, elected officials, the media,…
New from the National Center for Employee Ownership (NCEO) Who Should Own Your Business After You? A Guide for Business Owners Thousands of business owners have decided that employee ownership is the best way to preserve the job security of their workforces and protect the character of their companies while providing them and their families…
A Research Summary of Employee Owned Company Acquisitions Shows High Success Rate by: Suzanne Cromlish, Ph.D. from Case Western Reserve University, INCEO Blog Contributor As has been widely publicized, wealth inequality in America is currently greater than at any previous time in United States history. In 2005, a CEO’s typical compensation package equated to their…
The Indiana Center for Employee Ownership is pleased to add Dr. Suzanne Cromlish as a contributor to the INCEO Blog. Suzanne’s dissertation topic Empowering the 99%…One ESOP at a Time!, a mixed methods study of acquisitions by Employee-Owned Companies. Additional information about Dr. Cromlish follows: Suzanne Cromlish is an Assistant Professor of Management teaching Business…
Indiana Governor Eric J. Holcomb has issued a proclamation declaring the month of October 2018 as Employee Ownership Month. October has been celebrated as Employee Ownership month for over 20 years, and is a terrific celebration of the spirit of employee ownership, and an invaluable opportunity to educate employee owners, elected officials, the media, and…
What if I really like the idea of employee ownership, rewarding the employees who have helped me grow my business and be successful really sounds attractive to me, but an ESOP is just not the right fit. Perhaps my company is to small, or the fees to establish the ESOP are to high, or there…
Originally posted to YouTube by Principal Financial Group. It’s not just about being an owner, at Precision Pulley & Idler it’s about teamwork, community and building a better future. What is your ESOP story? https://youtu.be/e3uSR0r8svM
In a recent article from CNBC quoting a report from Northwestern Mutual’s 2018 Planning and Progress Study, 21% of americans have nothing saved for retirement, and an additional 10% have less than $5,000 saved. That is 31% or 1 in 3 Americans who have $5,000 or less saved for their retirement. Let’s just suppose that these…