As companies re-open and the standards change for how to remain safe, communicating with employee owners will become even more important—and more challenging.
ESOP Association, COVID-19
If you are like me, much of the last three months has been spent thinking about how to best navigate your business, your job, and your family through the COVID-19 crisis that continues to grip the world with uncertainty and consequence. If it has been said once, it has been said a million times—these are difficult and challenging times, to be sure. But they do not need to be without direction or, even, hopefulness for the future.
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.
An agreement between Wilmington Trust and the DOL pays funds to ESOPs and includes costs for penalties and legal fees.
COVID-19, remote work, hoteling, third shift
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.
On Feb. 12, ESOP Association member Daniel Goldstein will testify before the House Committee on Small Business on behalf of The Association and the 10.6 million employee owners in the U.S. - Read More >
Enabling employees to earn and hold a stake in the company where they work has been a central element of the American economy for more than 200 years.
Employee Ownership, Culture
Editor’s Note: As part of this year’s Employee Ownership Month celebration, we asked our members to share, in their own words, what being an employer means to them.
By Leila Castañeda, Strategic Initiatives Manager, Rincon Technology, Inc.
When I first interviewed for the position at Rincon Technology, I was asked to describe the life I always wanted to live; it was a question I had never been asked before by a potential employer. My shoulders and expression relaxed. Lost in thought, contemplating the request, I responded: “freedom.”
ESOP Association, ESOP Blog, Wealth Inequality, Wealth Distribution, Kellogg Foundation, ESOP Research, Rutgers University, Resource
There is plenty of data about wealth inequality, focusing on data alone misses a key point: Wealth inequality is about people. It is about people who go to work, pay their bills, meet their responsibilities, contribute to their communities, and pay their taxes—and who, in spite of their best efforts, are prevented from sharing in the wealth they help create.
ESOP Blog, Employee Owner of the Year, Employee Ownership Month, Resource
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.
That quote? It’s from Albert Einstein, who said: “Creativity is intelligence having fun.”