EA is a 100% employee-owned public benefit corporation that provides environmental, compliance, natural resources, and infrastructure engineering and management solutions to a wide range of public and private sector clients. Headquartered in Hunt Valley, Maryland, EA employs more than 500 professionals through a network of 25 commercial offices across the continental United States, as well … Read More
This is a self-help manual for enhancing the culture and results at your ESOP company.
In this workshop, “Research and Teaching about Equity Compensation, Employee Share Ownership and Profit Sharing in Organizations,” expert professors describe a variety of different ways they teach about employee ownership and equity compensation in their university courses–and the resources, videos, and case studies that they use. This workshop features Daphne Berry, Joseph Blasi, and Ed … Read More
This interview with Todd Leverette explores how employee ownership could address the racial wealth gap and benefit Black and brown communities. “Employee ownership gives Black and brown workers the ability to both build wealth and improve the quality of their jobs through actually having a voice in not just their day-to-day activities but in the … Read More
SRC employee-owners share how they impact the company’s bottom line – from idea sharing to cost savings. SRC Holdings is an open book employee owned company based in Springfield, Missouri.
This is a list of datasets, all accessible to researchers, that enable the study of employee ownership.
In this video workshop, “The Sociology of Worker Ownership: New Data Sets and Research Approaches,” leading researchers introduce datasets that enable the study of worker ownership. The workshop opens with comments from Joyce Rothschild and Joseph Blasi, and is moderated by Adria Scharf. Janet Boguslaw, Laura Hanson Schlachter, Nancy Weifek, and Joseph Blasi present. Sarah … Read More
These Guidelines for Equitable Employee Ownership Transitions are a collaborative work of practitioners and thought leaders in the fields of investment management, employee ownership, and socially responsible business who believe deeply in the promise of shared enterprise ownership to build a more just and inclusive economy.
The case for employee ownership is undisputed. As philanthropists and government leaders grapple with how to address both long-entrenched and newly-emerging forms of economic insecurity, there is no better time to look to effective but lesser-known solutions, such as employee ownership. Even before the economic crisis brought on by COVID-19, income and wealth inequality and downward economic mobility for frontline workers were truths so obvious that one could visually observe them in most communities. Now, more than ever, we need solutions that create economic resiliency for workers and local economies.
How National Van Lines retained its culture and success through employee ownership, guided by the ESOP advisory services of Verit Advisors.
In this video about North State Grocery, the 100% employee owned chain of grocery stores operating as Holiday Market and Sav-Mor-Foods in Northern California and Oregon, employees describe what employee ownership means to them.
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
In this short video, Dr. Daphne Berry describes why she teaches her students about worker cooperatives and participatory ESOPs.
For nearly a decade, I have had the pleasure of knowing and working with Maureen Beal, the third-generation owner and chairman and CEO of National Van Lines, the national company whose brand is synonymous with “moving.” Maureen, who began as a teen switchboard operator at the company and then in 1993 took the helm after … Read More
At the center of the ongoing debate about the causes and cures of inequality in America today is the vast difference in wealth between owners and workers. As many have noted, that gap was not nearly as large in the middle of the twentieth century as it has become in the first two decades of the 21st century, where owners and other executives make many multiples of what workers make – largely through grants of stock in lieu of salary.
This study investigates how the effect of employee stock ownership on financial performance may hinge on the diverse cultural and societal contexts of European countries. Based on agency and national culture theories, we hypothesize that the positive relationship between employee stock ownership and return on assets (ROA) is stronger in those nations with lower uncertainty … Read More
The first comprehensive analysis of Department of Labor ESOP investigations ever conducted, plus practical advice from experts.
As the wealth gap continues to grow, especially along racial lines, stakeholders – movement leaders, workers, and aligned investors – are considering a broader array of options for creating asset-building opportunities for marginalized communities and giving them meaningful voice. Employee ownership is a way for workers to participate in the value they create, exercise their … Read More
Estimated Number of Plans and Employees; Value of Plan Assets.
The Journal of Participation and Employee Ownership (JPEO) seeks to publish original empirical and theoretical research in the broad area of employee participation and shared capitalism. In particular, the journal calls for rigorous analysis of: employee participation in decision making at the top and grassroots levels; high-performance, high-involvement work systems; cooperatives; employee ownership; profit sharing; team incentives; broad-based stock … Read More
The employee stock-ownership plan, or ESOP, is one of the most powerful legal innovations in recent US history. Since its introduction in the mid-1970s, millions of employees have benefited from being co-owners of the companies where they work. But ESOP formation has slowed in recent years, and it has come with shortcomings. A new generation … Read More
While all kinds of businesses become employee stock ownership plan (ESOP) companies, there is a large percentage of engineering firms that have chosen the ESOP structure. Why so?
J. Doug Pruitt talks about the Sundt ESOP program.
The Presidential Task Force on Project Economic Justice–In 1985, Center for Economic and Social Justice (CESJ) members initiated and mobilized bipartisan support for Congressional legislation which established the Presidential Task Force on Project Economic Justice under President Ronald Reagan. Project Economic Justice, which was first conceived in a strategy paper authored by CESJ, offered a revolutionary economic alternative to military solutions to regional conflicts in Central America and the Caribbean. Enacted as part of the International Security and Development Cooperation Act of 1985, this legislation created the first presidential task force to be totally funded with private donations and supported by both the U.S. Chamber of Commerce and the AFL-CIO. Former Ambassador to the Organization of American States and the European Community, The Hon. J. William Middendorf II, served as Chairman. CESJ’s president, Norman G. Kurland, served as deputy chairman.
This presentation discusses five myths surrounding employee ownership…