Employee-owned companies

/Tag: Employee-owned companies

How employee ownership can prevent loss of beloved businesses and local jobs

As baby boomers age, the nearly 25 million jobs they have created nationwide are at risk. In Santa Clara County alone, roughly 15,000 boomer-owned businesses account for nearly 50% of private businesses that have employees, according to research by Project Equity. Only 15% will successfully pass to the second generation, and there will not be

Unprecedented Political Consensus Found in Employee Ownership

Research released today by the Employee Ownership Foundation (EOF) and the Rutgers School of Management and Labor Relations at The ESOP Association's 42nd National Conference in Washington, DC shows that employee owned businesses enjoy uniquely broad support among Democrats, Republicans, and Independents. Nearly three-fourths of respondents (72 percent) to the General Social Survey would rather work for an

ESOP Roles and Responsibilities Assumptions

ESOP Roles and Responsibilities Assumptions – WTF         As a busy person constantly on the go, you make assumptions about all kinds of things, every day. In fact, you just made one about this article. Do me a favor, park your assumption for a moment and instead ask a question: why would I — someone who

The Financial Rewards of Selling to Employees

Our April issue of Oregon Business magazine featured a column by Bob Moore, the founder and president of Bob’s Red Mill Natural Foods. Moore wrote about his decision to “give” ownership of his company to employees through an employee stock ownership plan, or ESOP. The column provoked readers to take Moore to task for describing his decision to

Shareholders Are Stealing Our Jobs

It’s not the robots that are coming for American jobs. It’s not the immigrants. It’s not evil offshoring CEOs either. It’s the shareholders. Under shareholder capitalism, the U.S. labor force has become a liability—a cost to be contained—rather than an asset, and the decrease in worker well-being is a simple externality to be placed off

BSA named a Certified ESOP

BSA, a national integrated design firm, has been named a Certified ESOP by Certified EO, a certification program for employee-owned companies. Founded in 1975, BSA has always been owned by employee shareholders, but it opened ownership to all employees earlier this year when it launched its first-ever Employee Stock Ownership Plan (ESOP). "Becoming an ESOP

Employee-owned companies can encourage shared prosperity

I’ve been doing a lot of listening lately. My new role at Assets, where I started working in February, enables me to listen in on two timely community conversations. One is about attracting and keeping top employees and the other is about alleviating poverty and lessening inequality. This is what I’m hearing. Businesses are focused