Wisconsin Bill Would Provide Tax Incentives for Employee Ownership Feasibility and Conversion
NCEO | Employee Ownership Blog
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5d ago
Wisconsin Assembly Bill 1217 would have provided that the “Wisconsin Economic Development Corporation may certify a business to claim a nonrefundable income tax credit for an amount equal to 70 percent of costs rela ..read more
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Employee Ownership Making Strides in South Africa
NCEO | Employee Ownership Blog
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5d ago
At the Inaugural Employee Share Ownership Conference in South Africa on April 23, leaders from government, unions, and business convened to review the progress made in spreading broad-based employee ownership in South Africa and what might be done to move it forward ..read more
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Twenty-Eight of the Largest 200 Private Companies Are Employee-Owned
NCEO | Employee Ownership Blog
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2w ago
Twenty-eight of the Forbes 200 largest private companies (by revenue) are partially or wholly employee-owned. Two are companies with profit-sharing plans invested in company stock, one is a broad-based partnership, one offers phantom stock to all employees, one is an ownership trust, one grants stock awards, eight are minority-owned by ESOPs, and fourteen are majority-owned by ESOPs ..read more
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Harvard Social Impact Review Publishes Article on EOTs and Purpose Trusts
NCEO | Employee Ownership Blog
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2w ago
On April 2, Harvard Social Impact Review published “Rethinking Ownership: Putting Purpose at the Center,” which explores trust ownership, including employee ownership trusts and perpetual purpose trusts (EOTs and PPTs respectively ..read more
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University of Minnesota Extension Research Provides Insights on Rural Business Owners
NCEO | Employee Ownership Blog
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2w ago
There are interesting and helpful resources and research coming from Michael Darger and others at the University of Minnesota Extension program. Most recently, they conducted a rigorous survey of the state’s business owners that offers real insights into how employee ownership fits into their plans ..read more
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Bipartisan Bill Extends ESOP Company DoD Procurement Program to All Agencies
NCEO | Employee Ownership Blog
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2w ago
In 2022, the National Defense Authorization Act created the first-ever government contracting program to specifically encourage ESOPs. Section 874 of the new law created a Department of Defense (DoD) pilo ..read more
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The 2024 Annual Conference Is Officially Sold Out!
NCEO | Employee Ownership Blog
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1M ago
It's official: as of last night, our 2024 Annual Employee Ownership Conference, taking place from April 29 to May 1, has officially sold out! We are overwhelmed by the enthusiasm and reception from our community ..read more
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Introducing the Tandem Center for Shared Business Success
NCEO | Employee Ownership Blog
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2M ago
We're delighted to announce the launch of the Tandem Center for Shared Business Success ..read more
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22% Increase in Closely Held Company ESOP Participants in Most Recent Data
NCEO | Employee Ownership Blog
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2M ago
The Department of Labor (DOL) has posted the latest Form 5500 filing data, which covers plan year 2021 (the most recent available year). The data includes 6,533 ESOPs filing for 2021, covering 14.7 million participants holding over $2.1 trillion in total assets ..read more
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This Month's Download: Ownership Rights and Responsibilities
NCEO | Employee Ownership Blog
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2M ago
This month’s download for members is something many companies have already adopted (and something that we have heard is a need for many others): ownership rights and responsibilities.  ..read more
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