The establishment of an Employee Stock Ownership Plan is a key strategic initiative for a company. However, employee ownership must be more than just words on paper, or numbers in a spreadsheet. The most successful employee owned companies set their goal of becoming the best in their industry by creating a strong organizational structure based upon the trust, teamwork, and expertise of the employees to make it all happen.
The September 15, 2011 Employee Ownership Update is online and discusses the following:
7 Unusual Ways to Motivate Your Employees shares seven employee motivation best practices:
The September 1, 2011 Employee Ownership Update is online and discusses the following:
Spur U.S. retirement security, preserve and expand S-ESOPs discusses how S Corporation ESOPs are good for workers, business, and the economy:
The ESOP Association and the Employee Ownership Foundation have released the results of the 2010 ESOP Company Survey:
We recently provided some Preliminary Valuation Resources and discussed the importance of Using a Qualified Independent ESOP Valuation Expert. Valuation is key to avoiding problems when creating an ESOP takes a look at some of the risks of establishing an ESOP and discusses the importance of getting an accurate ESOP appraisal:
ESOP: Employee ownership of companies on the rise discusses how employee owned companies are more productive and could benefit the economy as a whole.
A press release announced a new study, RESILIENCE AND RETIREMENT SECURITY: Performance of S-ESOP Firms in the Recession, that found that S Corporation ESOPs outperformed their non-ESOP counterparts during the recent recession in job creation, revenue growth, and providing higher wages and retirement security: