COVID-19 Economic Response & Action Center
Come here to get the help you need. The ESOP Association has created this clearinghouse of resources to help your ESOP weather the COVID-19 pandemic, collaborate and learn strategies under use across the ESOP Community, and guide you to the resources your business will need to survive and thrive.
What is an ESOP?
In the simplest terms, an Employee Stock Ownership Plan (ESOP) is a retirement plan. But, in reality, it is much more than that: ESOPs motivate employees, increase productivity, improve worker retention, keep jobs local, contribute to business longevity, and so much more.
We are the largest Employee Ownership advocacy organization in the world
For over 43 years, The ESOP Association has successfully represented the interests of millions of Employee Owners and their companies in Washington, DC and state capitols across the nation. The ability to form and operate an Employee Stock Ownership Plan is fundamentally rooted in the laws that were passed to allow their existence. The ESOP Association’s Advocacy on public policy remains one of the most important services provided by the Association to our members.
During the last four decades, The ESOP Association has been called upon to promote new ideas that would make Employee Ownership more accessible and to protect the tax laws that make employee ownership financially and structurally feasible. You can learn more about this important history of success, and become part of that movement yourself, in our Advocacy section.
Find Your Chapter of The ESOP Association
- Click a chapter on the map to the left to load details!
UPCOMING ESOP ASSOCIATION EVENTS
Jun 04, 2020 10:00 am EDT
New England Chapter - June CFO Round Table Virtual Meeting
Jun 04 - 05, 2020 10:00 am PDT
CAWS Chapter - June HR Roundtable Virtual Event
Jun 04, 2020 10:00 am PDT
CAWS Chapter - June CFO Roundtable Virtual Event
Insights for every employee owner
COVID-19 Affects Employees’ Mental Health Too
The emotional toll that the COVID-19 pandemic is having on Americans is becoming increasingly and alarmingly clear. New information suggests that ESOP companies may want to train an especially keen eye on the well-being of their employee owners.
How the Workplace May Change in Light of COVID-19
As companies mull how to return to work, they may want to consider ways that the workplace may need to shift and adapt to the COVID-19 pandemic. Here are some thoughts about how the future may look.
Wilmington Trust Reaches $80 Million Settlement Agreement
An agreement between Wilmington Trust and the DOL pays funds to ESOPs and includes costs for penalties and legal fees.
Closing the Wealth Inequality Gap with ESOPs
There is plenty of data about wealth inequality, focusing on data alone misses a key point: Wealth inequality is about people.
SOMETHING FOR EVERY EMPLOYEE OWNER
National Meetings
Gather with fellow employee owners, ESOP company executives, and professional service providers from across the country at one of our national meetings.
Chapter Membership
Join TEA and you are automatically enrolled in your state or regional chapter. Network with your peers and get great educational content at local chapter meetings.
Digital Networking
Our online communities are your one-stop-shop for connecting with your peers and quickly getting answers to your most pressing questions.
ESOP Advocacy
Receive materials, training, and tools to help you connect with your legislators and make a powerful impression.
Resources
Read our newsletter, the ESOP Report, or check out the ESOP Blog. See or latest survey data or get invaluable introductions to key ESOP concepts in our ESOP Briefs.
Awards
Learn from the outstanding companies, owners, and industry professionals through TEA’s array of awards programs.
Executive Liability INSURANCE
Now in it’s 30th year and serving more than 300 ESOP companies across the country, the Executive Liability Insurance Program, provided through a partnership with Great American Insurance Group, offers insurance protection to ESOP Association members in a wide variety of areas, including:
Cyber liability.
Fiduciary liability.
D&O.
Crime.
Employment practices liability.
Don’t miss out on comprehensive and affordable insurance protection for your ESOP company and executives.