Ask business people how they have honed their skills, and you’ll hear them talk about experience. Learning comes from success and failure, picking the brains of mentors, and the valuable experiences taught at the "school of hard knocks." Firms gain a competitive edge when employees [...]

Uncertain news about the economy affects employee motivation. Many ESOP-owned companies are facing: Changes in company stock value Reductions in workforce Modified indicators of success Dramatic changes in 401(k) accounts A different approach to ESOP distributions A need to refocus energy or find efficiencies One [...]

Ouch! Even though an employee newsletter is an important tool for sustaining an ownership culture, getting it together can be a real pain. It can be hard to find the right words, communicate ESOP topics in layman’s terms or spark inspiration for new topics. Problems [...]

Spoiled internet junkies type their destinations into MapQuest and, in nanoseconds, the website spits out clear directions from one point to another. Wouldn’t it be great if you could do the same thing for your ESOP? If you are searching for the directions to create [...]

Employees see things differently when they understand the line of sight between job level actions and company results. In an ESOP-owned company, this matters even more because company performance, to a major extent, determines ESOP share value. Below are steps you can take during [...]

Leading owners can be a double-edged sword. On one hand, it brings an enormous opportunity — your workforce has every reason to act in ways that help enhance company success and stock value. On the other, it often reveals that many employees lack the knowledge, [...]

How do you get your ESOP ownership message to employees who can’t come to a meeting, work odd hours, operate in many time zones, work in the field or are in multiple locations? We live in a world of constant communication where important messages, like [...]

You probably made a significant financial investment in your ESOP plan last year. If you’re not integrating the annual ESOP statement into your communication and education process, then you’re missing an opportunity to capitalize on that investment. When statements get distributed, your employees become interested [...]