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Hands-on ESOP Education at Software Solutions and Onex

2021-08-27T16:22:53+00:00August 26, 2021|Articles, Building Business Literacy, Featured, Skills for ESOP Ownership|

Experience is a powerful teacher. You don’t get a driver’s license just by reading about how to drive a car; you must practice driving the car, too! That’s why understanding your ESOP doesn’t end with one-way communication of the plan rules. In Workplace Development’s ESOP Game, employee owners dive into a business simulation where they actually feel what it’s like to make tough business decisions because they make them. They see the impact of their decisions and what influences the stock value in their ESOP accounts over the course of several years.  Software Solutions Inc. and Onex Inc. said the ESOP Game brought ESOP concepts to life for their employees.

Employee Owners Learn How They Grow Stock Value

2021-08-26T10:46:21+00:00August 26, 2021|Articles, Building Business Literacy, Featured, Skills for ESOP Ownership|

Does everyday work really impact company stock value? Absolutely! But sometimes it is hard to see.  That’s why MKSK, a planning, urban design and landscape architecture firm, sought a way to help its employee owners learn how everyday actions contribute to value during their annual meeting in 2021. MKSK became 100% employee-owned in September 2019. Workplace Development’s Power of One Dollar learning activity was the perfect fit to illustrate to new employee owners how everyday actions add up. 

Fun, Games and ESOP Challenges: What’s up with that?

2021-04-14T15:26:14+00:00August 17, 2020|Articles, Building Business Literacy, Communicating ESOP Benefits, ESOP Committee Development, Featured, Uncategorized|

Attend an employee-ownership conference and you’re bound to run into the ESOP zealots who want you to take part in a game or group activity. Even in this era of required social distancing, you may get roped into an interactive Teams event or a Zoom contest. What’s up with this? Click here to read the full article.

Practicing Employee-Owner Resilience

2021-03-10T21:33:10+00:00July 20, 2020|Articles, Building Business Literacy, Communicating ESOP Benefits, Featured|

If you’re experiencing the equivalent of organizational trauma or even just a bit of discomfort change, you may have come face to face with the fact that business resilience does not come automatically with employee ownership. “Like building a muscle, increasing resilience takes time and intentionality.” Click here to read the full article.

Communicating your ESOP in difficult times

2021-03-10T21:33:26+00:00March 16, 2020|Articles, Building Business Literacy, Featured|

Public markets are taking a wild ride and employee owners are curious how the COVID-19 crisis might impact ESOP value. Of course, company leaders don't really know exactly what's on the other side of the next hill. Believe it or not, this "rollercoaster of uncertainty" creates an opportunity to focus employee owners on their business. If you are committed to building a workplace where employees can think and act like owners, you know that apathy can rule.Click here to read the full article.

Sing Your Ownership Song

2020-02-17T19:08:52+00:00February 17, 2020|Blog, Building Business Literacy, Communicating ESOP Benefits, ESOP Committee Development, Skills for ESOP Ownership, Uncategorized|

Avoid a cultural swan song, grab the “ownership microphone” and sing along with these bands to develop your company’s culture, define employees’ roles as owners and drive ESOP stock value. One Direction Do you know where you’re headed in building your ownership culture? In other [...]

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