Is it time to start thinking about bringing some new energy to your Employee Ownership Month celebration? Are you looking for a new way to convey your critically important ownership message? In October ESOP-owned businesses across the United States celebrate Employee Ownership Month. If your company’s leadership or ESOP Communication Committee are looking for a new way to successfully communicate the value of your ESOP and teach people more about the business, one of the engaging, customized sessions described below will meet you needs.
You make the call! — Everyone loves to second guess the referee. Through this fast-paced game and hands-on activities, employees’ gain practical insights into how their daily actions impact company performance and ESOP stock value. Show employees the dollar impact of different decisions when “they” make the call.
TION-TING Your ESOP – Using your ESOP’s specifics, this session communicates the TIONs of employee ownership (e.g., contribution, allocation, valuation, distribution) and the TING (vesting). The full impact of the benefit is not realized when key elements of the provisions are not understood. This successful session educates employees, builds enthusiasm for ownership, and can even transform the TING into a TION (i.e., vesting becomes an employee retention tool).
The Power of One Dollar – Build the line-of-sight between employees’ daily activities, company success and ESOP stock with this practical event. Employees gain an understanding of the drivers of business success, key factors in the annual valuation, and specific examples of how job-level activities connect to ESOP rewards.
How Employees Drive Stock Value – This session builds the connection between job-level actions and ESOP rewards. The most powerful contributions employees make to ESOP success are the things they do each day. This engaging session asks participants to explore the valuation from the inside out.
Roles and Responsibilities of ESOP owners – Clarify what it means to be an ESOP owner at your company. The power of shared ownership grows when everyone in the company understands their roles and responsibilities. This session emphasizes the power of individual employee owner responsibilities in ESOP success. Click here for an example of how one company used this customized workshop.
ESOP Game Business Simulation — Accelerate employee owners’ understanding of what drives stock value, review ESOP mechanics and build business acumen. Employee owners work in teams to run a simulated ESOP company in this hands-on, interactive activity. They experience the challenges of growing ESOP value and responding to an unpredictable business environment. Click here for more about this ESOP & business education session.
Great Game of Ownership Challenge – Do your employees already know all about your ESOP? See if they really do by playing the Great Game of Ownership. Working in teams, employee owners tackle questions about your ESOP, your business, and the benefits employee ownership. Participants compete for prizes and learn the key concepts that everyone needs to know to be effective ESOP owners.
How You Impact Our Numbers— Discussing company performance requires a common language. Financial terminology may be foreign to those who don’t use it in their work each day. In a fun, engaging way, this session teaches non-financial employees the key terminology and measures your company uses to track performance. Combine this with a state of the company summary to deepen employees’ understanding of the key indicators that drive business success.
To discuss how to bring one of these ESOP learning activities to your company contact Workplace Development’s Jim Bado at 419-427-2435 or jbado@workplacedevelopment.com
