Goldstein Testifies Before Congress on Behalf of TEA
TEA member Daniel Goldstein, President and CEO of Folience, testified on behalf of The ESOP Association at a Feb. 12, 2020 hearing of the House Committee on Small Business. Read More >
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
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UPCOMING ESOP ASSOCIATION EVENTS
Insights for every employee owner
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.
Jeff Mounts: 2019 Employee Owner of the Year
Jeff Mounts, Marketing Manager at ESP International, absolutely loves a certain quote. When you hear it, you understand a lot about Jeff, why he has become an invaluable member of the Communications Committee at ESP International, and why he earned The ESOP Association award for 2019 Employee Owner of the Year.
Developing Employee Owners
Providing training to employees helps keep their skills sharp and can lead to improved productivity. It also shows a commitment to employee growth and development that may pay additional dividends, including potentially having a positive effect on employee retention.
Why Companies Love ESOPs
In some ways, the benefits of having an ESOP are obvious: Tax benefits for S and C corps probably are at the top of the list, followed closely by increased employee engagement and productivity.
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. (Coming in early 2020.)
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:
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Cyber liability.
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Fiduciary liability.
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D&O.
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Crime.
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Employment practices liability.
Don’t miss out on comprehensive and affordable insurance protection for your ESOP company and executives.