The ESOP Association (TEA) has been a major presence in the employee ownership community for more than 40 years. Organized as a 501(c)(6) nonprofit organization, TEA advocates for ESOPs on Capitol Hill and educates its members and the public on the purposes and mechanics of broad-based employee ownership. Today the Washington, D.C–-based ...
State-level centers—there are ten active ones right now, plus the Employee Ownership Expansion Network—are on the front lines of the movement for more and better employee ownership. The centers are policy advocates, sources of support and information, places where people who want to learn about employee ownership from local peers can go. So we asked center staff to tell us what they have been doing. What are their biggest challenges? What opportunities lie ahead? Among the answers are ...
by Adrienne Gehan
Everyone knows that New York City—at 8.6 million residents—is the largest city U.S. But few recognize that far more Americans—approximately
“Aaron Shapiro’s quest to rethink employee stock purchase plans began with a startling insight: if only his mother had participated in one, she’d be a millionaire today.”
So begins a recent article in Bloomberg News. It describes an innovation that may change the importance of ...
Imagine peering into a couple of dozen ESOP companies to learn how workers with low and moderate incomes are faring—and hearing about what ownership means to them.
That’s essentially what a team of Rutgers researchers did ...
Are employee-owned companies more likely to embrace social responsibility than conventional firms? The evidence so far isn’t definitive, but it points in a positive direction.
Case in ...
By John Case
The United States economy is apparently booming, but it can’t seem to correct its all-too-familiar problems. Stagnant wages for the majority of the population. Vast inequalities of wealth and income. Whole sections of the country seemingly left behind.
But there’s another economy waiting in the wings and ready to go on stage—an economy that could begin to remedy all of these problems. It’s called employee ownership.
That’s the feeling ...
