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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.

Custom Materials Connect Employees to Your ESOP Story

2019-02-02T05:26:17+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?

2018-08-06T20:19:22+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 [...]

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