Employee Owned America - Page 2 of 8 - News And Views From The World Of Employee Ownership

A Powerful Path to Ownership for Employees of Public Companies

“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 ...

05/03/2019 By: John Case

Reports

Money in the Bank for Low-to-Moderate-Income Employees

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 over the past ...

05/02/2019 By: John Case

Reports

ESOPs and Social Responsibility

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 point: a

05/01/2019 By: John Case

Companies

Stewart’s Shops Creates Wealth for Employees

If you lived in upstate New York or southern Vermont, you’d be familiar with the Stewart’s Shops chain of convenience stores. But you might not know just how well the stores’ employees are doing.

Stewart’s launched an ESOP in 2001, and its 5,000-plus employees now own close to 40% of the 355-store company. It recently announced a $17 million contribution to the plan, $6 million more than a year ago. That amounts to nearly 20% of an ESOP participant’s salary, the company ...

04/30/2019 By: John Case

Reports

The NCEO Conference—and the Prospects for Employee Ownership

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 ...

04/12/2019 By: John Case

Ideas

Sovereign Wealth Funds Must Choose a Different Path

By Christopher Mackin

(This article appeared originally in the Financial Times. It is reprinted here by permission of the author.)

Sovereign wealth funds, with a combined $8tn in assets, are in the news. China Investment Corporation recently teamed up with France’s largest bank to create a €1bn-plus fund to back European companies. Norway’s oil fund cut back its investment in oil and gas stocks, and Abu Dhabi’s Mubadala set up a tech hub ...

04/11/2019 By: John Case

Ideas

Policy Group Re-Issues White Paper with New EO Proposals

How can employee ownership be significantly expanded? The Lake Quinsigamond Group, an informal network of advocates and activists, has recently revised and updated its white paper for broad ...

03/25/2019 By: John Case

Join the movement for a better, fairer US economy

Sign up for our free email newsletter! We’ll send periodic reminders of what’s new and what’s coming. Don’t miss out!