Five Key Errors in Designing Equity Compensation Plans in Closely Held Companies
I have had dozens of conversations with business owners who want to share equity with some or all employees over the past several years.
Employee Financial Participation for Corporate Governance and Social Dialogue
This is a collection of cases about the following companies: John Lewis Partnership, IsBank, Banca Popolare Milano, Handelsbanken, Dexia, Total, Aerlingus, Kardemir, Tullis Russell, Saf Tehnika, Eircom, and Enel.
The ‘Mondragon Experience’: A Case Study of Participatory Leadership and Workplace Democracy
This intensive summer course is an opportunity for participants to be exposed first-hand to a unique organizational model of participatory leadership, management, ownership and decision making by attending lecture and visiting sites at the Mondragon Corporacion Cooperative (MCC) in Mondragon, Spain.
Innovation Included: Why Co-Owned Businesses Are Good for Public Services
Written by internationally acclaimed business writer Charlie Leadbeater, Innovation Included makes the case for more public services to be provided by co-owned companies.
John Lewis Partnership
The John Lewis Partnership (JLP) is one of the UK’s most profitable retailers – sales grew by 6.3% and pre-tax profit by 18.7% in the year to 27 January 2008. Its success owes much to the co-ownership principles of its founder, John Spedan Lewis, who handed over control and ownership in two trust settlements in the last century.
Reflexite Corporation
In March, 2007, Michael Foley, Chief Executive Officer of Reflexite Corporation, had to decide whether to proceed with a change in the company’s employee stock ownership plan. Foley, still in his first year as CEO, pondered the situation: the employees had spoken, but when the man who had built the company strongly objected, shouldn’t one listen?
What is an ESOP?
What is an ESOP? Employee Stock Ownership Plans, or ESOPs, were designed as a way to put ownership into the hands of American workers.
Corporate Governance and Labor Relations
I view corporate governance as a process of designing and implementing various implicit and explicit contracts among capital providers, corporate managers, workers, and other important stakeholders. In my talk today, I will expand the scope of the typical shareholder value focus to consider the design and implementation of contracts with other stakeholders, particularly employees and organized labor.
Companies We Keep: Employee Ownership and the Business of Community and Place
Thoroughly revised with an expanded focus on employee ownership and workplace democracy, Companies We Keep celebrates the idea that when employees share in the rewards as well as the responsibility for the decisions they make, better decisions result.
L. S. Starrett Company
Should Wachovia Bank and Trust lend the ESOP of Starrett the money to purchase shares? The required tasks involve a standard credit analysis and the valuation of Starrett’s shares.
Employee Ownership: Adapting a Powerful Business Strategy to Attract and Retain the Next Generation of Talent
Sharing company ownership with employees – whether it’s intended to motivate, to retain or simply to share the wealth – can significantly impact a company’s success. Studies have shown that employee-owned companies boast faster growth, are more resilient in economic downturns and enjoy a competitive advantage over conventional rivals.
S Corp ESOP Legislation Benefits and Costs: Public Policy and Tax Analysis
Samuel Zell’s acquisition of the Tribune Company in December 2007 using an S corporation employee stock ownership plan (S ESOP) brought S ESOPs to national attention.
The Carris Companies: Doing the Next Right Thing
Presented in this case is the Carris Companies’ movement towards 100% employee shared ownership and governance with an emphasis on and investment in education; focus on ‘quality of life’; economic, educational and social accessibility provided by the company for its employees, many of whom are unskilled at the time of initial employment; encouragement of employee wellness; employee involvement in corporate decision-making and philanthropy; companies’ increased efforts to reduce waste and energy use and the overall positive effects on the companies’ profitability…
When Workers Share in Profits: Effort and Responses to Shirking
This paper summarizes new evidence from the “Shared Capitalism” Project on the extent to which workers’ earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior.
Five Ways to Boost Retention
This article spells out five proven practices to help you keep your most talented employees.
Employee Ownership and Participation Effects on Firm Outcomes
While there have been many studies on whether such ownership improves firm outcomes, this one attempts a larger-scale replication, looking also at effects of worker participation in management-type decisions.
Employee Financial Participation: An International Survey
Employee Financial Participation: An International Survey provides an overview of key international trends in employee ownership, pension reform, equity compensation, privatization, and employee financial participation in over 30 countries.
Shared Capitalism at Work: Introduction
Almost half of American private-sector employees participate in shared capitalism — employment relations where the pay or wealth of workers is directly tied to workplace or firm performance.
Broad-Based Employee Incentive Arrangements
This article provides descriptions of various broad-based employee incentive arrangements.
ESOPs in Indiana: State Emphasizing Employee Ownership Model
Staff members at Vasey Commercial Heating & Air Conditioning in Zionsville are company owners as part of an employee stock ownership plan.
The Fabric of Creativity
At W.L. Gore, innovation is more than skin deep: The culture is as imaginative as the products.
Employee Ownership Culture Building: Process and Success Measures
This presentation outlines ways to measure success in an employee owned company, how to achieve positive results, and learn from the ‘best companies to work for.’
Who Runs an ESOP Company?
This presentation discusses the governance structure of employee-owned companies, including trustees, fiduciaries, administrators and plan participants…
Understanding Motivation: How Managers Can Contribute to the Success of the Organization
This Powerpoint presentation provides an introduction to the topic of motivation in the workplace and discusses ways in which managers can encourage better performance by contributing to employee motivation.
Unlocking the Power of Ownership
Company owners and managers often wonder why their employees don’t feel the same dedication to the job that they do.