When you communicate about your ESOP — or just about anything else — adults immediately tune into a familiar radio station: WII-FM (What’s In It For Me?). Building practical knowledge about the TIONs and Ting of your ESOP is critical because we focus first on [...]
"Planning, ugh, seriously, who has the time for that? After all, we were put on the ESOP Communications Committee because we're men and women of action," says many an ESOP Communications Committee member. Wanting to get something done drives Committee members to skip the essential [...]
I was a featured speaker at an ESOP company’s company-wide meeting recently. This company’s executive team wanted employees to be as excited about ESOP ownership as they are. Unfortunately, this year’s statement doesn’t show actual stock additions. For a variety of technical reasons, it will [...]
October, national employee ownership month, is a great time to recognize and celebrate your unique status as an ESOP company. It’s an opportunity to build understanding of and enthusiasm for the benefits of employee ownership at your firm. The question: are you ready to take [...]
At the invitation of the company's ESOP committee, I ran a workshop for new employees in a mature ESOP this week. More than 15 years ago when the plan was established, we provided ESOP and business education to all employees. Nearly each year since that [...]
Workplace Development has just added a blog to our website. I'm kicking it off with thoughts on employee turnover. Last month I provided coaching and ESOP roll out services for a client has a talent pool that makes annual decisions about renewing their commitment to [...]
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 think and act like owners, you know that apathy can rule. Click here to read the full article.
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