The ESOP Association and Project Equity have partnered to amplify employee ownership as a common sense way to preserve businesses, strengthen jobs and build a more resilient post-pandemic economy. This partnership utilizes nationwide state-by-state data (available now!) to demonstrate the potential solution ESOPs pose for the forthcoming retirement-driven small business crisis, known as the “Silver Tsunami.”
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.
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.
In the midst of the pandemic, companies that are owned by their employees are dramatically outperforming other firms in such key areas as securing employees’ jobs, and maintaining work hours, salary, and workplace health and safety. Those are the findings of a new study conducted by Rutgers University and SSRS, and funded by the Employee Ownership Foundation.
A Look at Funding Via Pension Plans and Some Insights on Which Situations Might Best Fit this Approach
At NCM Associates, strong relationships—with employee owners and with customers—are an essential part of the business.
Low wage earners especially need the benefits that only ESOPs can provide.
By surviving tough times and retaining employees, ESOPs benefit the nation as a whole.
Gather with fellow employee owners, ESOP company executives, and professional service providers from across the country at one of our national meetings.
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.
Our online communities are your one-stop-shop for connecting with your peers and quickly getting answers to your most pressing questions.
Receive materials, training, and tools to help you connect with your legislators and make a powerful impression.
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.
Learn from the outstanding companies, owners, and industry professionals through TEA’s array of awards programs.
As an ESOP Association member, you get exclusive access to a suite of insurance programs designed to provide high quality service while putting money back in your pockets! Why pay too much to an insurer when you can keep that money for your employee owners' ESOP accounts?
We can offer group captive health insurance, workers' comp insurance, and a host of business insurance products—including cyber liability, fiduciary liability, D&O, crime, and employment practices liability.
To see all of the options available to you as a TEA member, just click the button below.