Communicating ESOP Benefits - Workplace Development, Inc.

Custom Materials Connect Employees to Your ESOP Story

Cathy Ivancic2019-02-02T05:26:17+00:00February 2, 2019|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

“An ESOP can be complicated to understand,” says Sondra Campbell, Controller at Omico Plastics in Owensboro, KY. “The large amount of information contained in Annual Participant Statements can also be very confusing. If employee owners don’t understand the benefit and what it means for them personally, they won’t view the ESOP as the tremendous benefit that it is.” This is why she decided to get materials that told the unique Omico Plastics story. Click here to read the full article.

What is Employee Ownership Month?

Cathy Ivancic2018-08-06T20:19:22+00:00August 6, 2018|Blog, Communicating ESOP Benefits, ESOP Committee Development, New ESOPs|

Every October, employee-owned companies, service providers and employee-ownership organizations celebrate Employee Ownership Month nationwide. It has both internal and external benefits for ESOP-owned companies. As the ESOP Association puts it, “This is a terrific celebration of the spirit of employee ownership, and an invaluable opportunity [...]

Your Recruitment and Retention Edge: Employee Ownership

Cathy Ivancic2018-08-06T17:06:00+00:00August 6, 2018|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

In June 2018, the Bureau of Labor Statistics announced that U.S. companies added 233,000 jobs, extending the economy’s monthly job-creation streak to almost eight straight years. Given it’s getting harder to find and keep excellent employees, are you making the most of your company’s unique recruitment and retention edge: employee ownership? Click here to view the full article.

LeBron James: The Ownership Solution

Jim Bado2018-06-12T13:22:57+00:00June 12, 2018|Blog, Building Business Literacy, Communicating ESOP Benefits, Skills for ESOP Ownership, Uncategorized|

The question: how do the Cavaliers keep superstar free agent LeBron James in Cleveland? The answer: ownership (James has expressed an interest both in being an NBA team owner and staying in Cleveland). So, what’s stopping Cleveland Cavaliers’ owner Dan Gilbert from making this happen? [...]

Engaging Employee Owners at Delta Managed Solutions

Cathy Ivancic2018-05-14T14:11:13+00:00May 14, 2018|Articles, Communicating ESOP Benefits, Featured, New ESOPs, Skills for ESOP ownership, Skills for ESOP Ownership|

How do you speed up the transition to engaged employee owners taking on more responsibilities in a founder-managed ESOP company? This was a question that Kelly McDole, founding CEO of Delta Managed Solutions (DMS) in Sacramento, needed to answer quickly in 2015. “I didn’t have the freedom to go slowly at this because of my health,” says McDole. “I was sick, and at the time it looked like I was getting sicker. I had to face the possibility that I may not be able to come into work in six months or a year.” Click here to view the full article.

Hey Employee Owner, Do You Know Your Role and Responsibilities?

Jim Bado2018-04-04T15:33:58+00:00April 4, 2018|Blog, Communicating ESOP Benefits, Uncategorized|

If you asked three people at your company what their roles are as employee owners, what answers would you hear? More importantly, would the responses be the same or even similar? At some ESOP firms, the answer is no. It’s no because defining employee owners’ [...]

Play ESOP Bracketology to Win the Game of Ownership

Jim Bado2018-03-16T16:30:04+00:00March 16, 2018|Blog, Communicating ESOP Benefits|

No one would propose you watch the NCAA Tournament without understanding basketball’s rules. The same holds true for your ESOP: knowing the plan’s rules builds understanding of and appreciation for the opportunity employee ownership provides. While people often “just guess” when they fill out a [...]

March ESOP Madness: Plan for Statement Communication

Cathy Ivancic2018-03-11T19:09:12+00:00March 11, 2018|Articles, Communicating ESOP Benefits, New ESOPs|

It’s time to fill out your March Madness bracket. While we can offer no assistance on the NCAA Tournament (our brackets will be ruined at the end of day one, too) we can help you with another important event: your annual ESOP statement distribution process. Here’s six suggestions . . .Click here to view the full article.

Re-energize Your ESOP Annual Meeting

Cathy Ivancic2018-03-11T18:36:48+00:00March 11, 2018|Articles, Communicating ESOP Benefits|

Been there, done that with your annual ESOP meeting? Looking for a new way to convey your critically important ownership message? Add new energy to your communications with one of Workplace Development’s field-tested, ESOP-focused presentations. Working with your leadership or ESOP committee . . .Click here to view the full article.

On-Demand ESOP Education Connects The Dots At PenLink

Cathy Ivancic2017-12-12T14:19:16+00:00December 12, 2017|Building Business Literacy, Communicating ESOP Benefits, Featured|

Want a practical way to communicate your ESOP’s powerful benefits without having meetings or training in person? A custom on-demand education program-- like PenLink’s Certified Employee Shareholder Series – can be just what you need. “We used to talk about our ESOP one time a year at our annual meeting and that just wasn’t enough,” explains Melissa Price, Director of Human Resources at PenLink. Click here to read the full article.