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Bringing New Employee Owners into Your Ownership Culture

2022-02-25T13:45:51+00:00February 25, 2022|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

The challenge of building a successful ownership culture grows exponentially when an employee-owned company acquires another business. So how does an ESOP company address these issues when its core business strategy is acquiring other businesses? Empowered Ventures (EV) sees adding new companies and employee owners to its growing family of businesses as more of an opportunity than a challenge.

Roll out your ESOP right

2022-02-25T13:46:15+00:00February 25, 2022|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

Congratulations, your company just put in an ESOP! Your executive leadership team is ecstatic. You have spent months, or maybe years, learning the technical details, thinking about the benefits and dreaming of the wealth-building possibilities for all employee owners. Now is your chance to tell your employees and your business contacts all about it. How are you going to communicate it? Your enthusiasm for the ESOP may not be as contagious as you might think. It takes work.

Transforming Employees into “CEOs”

2021-04-01T01:39:20+00:00March 31, 2021|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

Are you communicating and training effectively to make the most of being employee-owned? MyPath faced the challenge of educating more than 2,000 employee owners spread across two states in nine different companies about what it means to be an owner.  The human services company’s innovative, successful solution:  the creation of a Certified Employee Owner (CEO) education program.

Make the Most of ESOP Month

2021-03-10T21:32:56+00:00August 17, 2020|Articles, Communicating ESOP Benefits, ESOP Committee Development, Featured, New ESOPs|

October’s Employee-Ownership Month presents you with a great opportunity to make the most of your most valuable assets: employee owners. Because the coronavirus has made it difficult to hold in-person meetings, this is the time to utilize our virtual services to train employees about your ESOP’s benefits, build your ownership culture and communicate the value of employee ownership. Click here to read the full article.

ESOP Communications: Carpe Diem!

2021-03-10T21:33:04+00:00July 20, 2020|Articles, Communicating ESOP Benefits, ESOP Committee Development, Featured, New ESOPs|

The coronavirus has disrupted American society, business operations and everyone’s personal lives in unimagined ways. This is when you need to seize the day and utilize the power of employee ownership to strengthen your company culture to engage employees as owners -- taking on new challenges with passion and a long-term perspective on business success. Here are five carpe diem keys. Click here to read the full article.

Your Unique ESOP Rollout: It’s all in the Details

2019-08-19T18:59:37+00:00August 19, 2019|Articles, Communicating ESOP Benefits, Featured, New ESOPs, Uncategorized|

Joe Motz, like many successful business founders, wanted everyone to benefit more directly from their daily efforts growing the company. “People receive wages and benefits for helping us succeed in the short run,” he commented. “The ESOP provides everyone with an equity stake, rewarding them for their efforts to grow our business in the long run.” Click here to read the full article.

Unleash 1 Percent Employee-Ownership Power

2019-05-16T14:53:42+00:00May 16, 2019|Blog, Communicating ESOP Benefits, New ESOPs, Skills for ESOP Ownership|

Seeking the next competitive edge ought to be an employee-owner no-brainer, right? Because implementing it will make your company more successful and grow ESOP stock value, benefiting everyone. But, despite decades of research confirming ESOPs with informed, involved employees outperform conventional companies, some employees still [...]

Team Focus On “When Do I Get My ESOP Money?”

2019-04-08T00:56:52+00:00April 8, 2019|Articles, Communicating ESOP Benefits, ESOP Committee Development, Featured, New ESOPs, Skills for ESOP Ownership|

“If I retire, then the payments begin in the year after?” one ESOP Communication Committee member asks for clarification. “Tell me again, now, what's retirement age,” another member chimes in. Does this sound familiar? Is it a bad sign when the dominant theme of your interactions with participants or your ESOP committee is all about cashing out? When employee owners are spending energy thinking about their exit, they aren’t developing “ownership thinking” or focusing on actions that build value. How should you interpret it when people keep asking about cashing out? Click here to read the full article.

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