Summary: Learning basics of ESOPs in five emails over five days. Class 1: ESOP 101 – why do people do this? Class 2: Nuts and bolts – how does it work? Class 3: Tax breaks, valuations, and cost Class 4: ESOPs in practice – the power of employee ownership Class 5: ESOP myths debunked
Series of videos about employee ownership produced by the Pennsylvania Center for Employee Ownership. The Millionaire Grocery Clerk At the grocery chain WinCo Foods, grocery clerks become millionaires. How? WinCo is employee owned through an ESOP. ESOPs are a win win win win – businesses get significant tax breaks, owners get paid full fair market … Read More