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Time to Sell Your Business? An ESOP May Be the Answer

Strategy Driven

Selling one’s company to an ESOP, an employee stock ownership plan, does just that. Selling to an ESOP preserves company culture and increases productivity, which generally ensures strong future performance. How does an ESOP work? In an ESOP transaction, owners essentially sell stock, whether some or all, to employees.

ESOP 51
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2020 Exit Planning Checklist

Strategy Driven

So, there is no better time to begin planning for the inevitable than the present. The earlier you begin planning, the more options you will have for a successful exit. However, like any strategic plan, it can be difficult to know how and where to begin. What is your post-exit “life-plan”?

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Employee Benefits: Types, Cost & Examples

HR Digest

Some of the importance of employee perks include; they give satisfaction to employees ; they make employees feel valued, companies can get the attention of top talents by highlighting them in job ads, and employees can handle the costs of managing their well-being through insurance plans. We can go on and on.

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Profit Sharing Boosts Employee Productivity and Satisfaction

Harvard Business Review

Since the mid-2000s, broad-based shared capitalist programs — in other words, programs where firms offer profit sharing and employee ownership to nonmanagers as well as managers — have spread to cover more employees than traditional forms of individual performance-based pay in Europe and the United States.

ESOP 8
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Treat Employees Like Business Owners

Harvard Business Review

Of course, many public corporations offer stock-purchase plans or the like as part of their retirement benefit. Many large corporations manage to find big bundles of shares (and huge amounts of cash) for executive compensation, even though there’s little relationship between senior-management pay and financial results.

ESOP 8
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More than One Way to Organize a Business

Thin Difference

Holacracy is a way of structuring and running organizations that replaces the conventional management hierarchy. Instead of operating top-down, power is distributed throughout the organization, giving individuals and teams more freedom to self-manage, while staying aligned to the organization’s purpose. Key Elements of Holacracy.

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Why the U.S. Needs More Worker-Owned Companies

Harvard Business Review

nonprofit organizations like the Heartland Capital Strategy Institute are bringing together institutional investors, private asset managers, and worker representatives to harness some of the $13 trillion of assets in workers’ pension funds to invest in worker-friendly businesses that offer good investment returns. Already, U.S.

ESOP 13