Many thanks to NCEO and ESCA for this research! Summary of Findings: Overall, we find measurable evidence of this resiliency in greater financial security for employees heading into and during the pandemic, and job retention at the firm level compared to comparable conventional firms. Before the pandemic, the average ESOP account balance at an S…
What’s new in Scotland Employee Ownership? Check out the info from Carole Leslie below
EMPLOYEE OWNERSHIP CONFERENCE Tuesday, November 30, 2021 9:00 am – 3:00 pm Eastern 9:00 am – 10:00 am: Keynote In the next 10 to 15 years approximately 70% of privately owned businesses —worth an estimated $10 trillion— will exchange hands. This exchange will represent the largest intergenerational transfer of wealth in U.S. history. In Indiana…
Deb Trocha from the Indiana Cooperative Development Center and Richard Van Doel from the Indiana Center for Employee Ownership will be hosting a full day conference on Employee Ownership Nov 30, 2021. Save the Date!! Details below, registration to open shortly…
In a recently published article by the Cambrian News Wavehill, a social and economic research firm that transitioned to employee ownership via an EOT in 2020 reported the following: Founding director of Wavehill, Mark Willis, said: “Employee ownership offers a perfect split between securing a robust succession plan, but also keeping your current employees happy…
Sharing the October 2021 Ownership Matters newsletter from Carole Leslie of Ownership Associates UK! Please note, you may sign up for your very own copy here.
Governor Holcomb Proclamation: Eric J. Holcomn, Governor of the State of Indiana has issued a Proclamation recognizing October 2021 as Employee Ownership Month! Click here here for a copy of the proclamation. Please feel free to download this Proclamation for use during your ESOPs Employee Ownership Month celebrations!
City of Indianapolis Mayor Proclamation: Joseph Hogsett, Mayor of Indianapolis, Indiana has issued a Mayoral Proclamation recognizing October 2021 as Employee Ownership Month! Click here for a copy of the proclamation. Please feel free to download this Proclamation for use during your ESOPs Employee Ownership Month celebrations!
Many thanks to Nathan Nicholson, Senior Research and Data Analyst at the National Center for Employee Ownership (NCEO) for the following updated data concerning Indiana ESOPs. There are 187 ESOPs in Indiana. However 6 companies have multiple plans (net 181), and 8 companies had 0 employees in the plan (net 173). Disregarding these companies there…