News

Articles on employee-ownership from local sources.

There are currently over 8,926 companies with Employee Stock Ownership Plans (ESOPs) or equivalent plans in the United States employing 14.7 million people.

 

Could Expanding Employee Ownership Be the Next Big Economic Policy?

December 26, 2018
By Rachel M. Cohen/The Intercept
 

"Two likely Democratic presidential contenders in 2020 have made quiet strides in recent years to bring into vogue a little-known policy that could reduce economic inequality -- one that harnesses current law to expand workers' ability to become owners in their place of employment." Read more...

 

The British are Coming -- ESOPs and Perpetual Trusts

December 19, 2018
By Christopher Michael/Employee-Owned America
 

"In the United States, the employee ownership community has its favorite example: Publix Supermarkets. Founded in 1930, Publix started an employee ownership program in 1959. With more than $34 billion in revenue, Publix now manages 193,000 employees at over 1,200 establishments across seven states in the Southeast. The British have their own favorite example of employee ownership: John Lewis Partnership (which includes the Waitrose supermarket chain." Read more...

 

Press Release: New Program Helps Businesses, Non-Profits Create an Ownership Culture--Even if They're Not Employee-Owned

December 6, 2018
By Steve Flamisch/Rutgers School of Management and Labor Relations
 

PISCATAWAY, N.J. (December 6, 2018) - "The New Jersey/New York Center for Employee Ownership at the Rutgers School of Management and Labor Relations (SMLR) and the Democracy at Work Institute today announced a new program to help organizations increase engagement and productivity by giving a voice to rank-and-file workers. Modeled on the successful strategies used by many employee-owned companies, the Participatory Management Certificate Program can help businesses boost their bottom line." Read more...

 

Organically Grown Company Transitions from ESOP to Perfpetual Trust

August 8, 2018
By Natalie Reitman-White/Fifty by Fifty
 

 

Rutgers Launches the World's First Academic Institute for the Study of Employee Ownership and Profit Sharing

March 7, 2018
Business Wire
 

 

Employee ownership can boost NY economy, families

January 8, 2018
By Jessica Rose/Commentary
 

 

Rutgers Center for Employee Ownership Advisory Board member John Vitucci, on the benefits of employee ownership

December 18, 2017
By Gabrielle Saulsbery/NJBiz
 

 

Why businesses should consider employee ownership

November 9, 2017
By David Cruz/NJTV News
 

 

New Rutgers center aims to save jobs through employee ownership

October 15, 2017
My Central Jersey
 

PISCATAWAY - "The Rutgers School of Management and Labor Relations on Wednesday announced the launch of a new center to assist businesses exploring the prospect of employee ownership, a job-saving alternative to liquidation for the "Silver Tsunami" wave of retiring founders and entrepreneurs." Read more...

 

N.J. Effort To Get Owners selling their companies...to their employees?

October 12, 2017
By Joe Cutter/ New Jersey 101.5
 

"The New Jersey/New York Center for Employee Ownership at Rutgers is working to stem the tide of the so-called "silver tusanmi" - the wave of baby boomers closing their companies to retire, leaving employees out in the cold." Read more...

 

Press Release: New SMLR Center Aims to Save Jobs Through Employee Ownership

October 11, 2017
By Steve Flamisch/Rutgers School of Management and Labor Relations
 

PISCATAWAY, N.J. (October 11, 2017) - "The Rutgers School of Management and Labor Relations today announced the launch of a new center to assist businesses exploring the prospect of employee ownership, a job-saving alternative to liquidation for the "Silver Tsunami" wave of retiring founders and entrepreneurs." Read more...

 

New Rutgers Center Aims to Save Jobs Through Employee Ownership

October 11, 2017
New Jersey Business Magazine
 

"The Rutgers School of Management and Labor Relations announced the launch of a new center to assist businesses exploring the prospect of employee ownership, a job-saving alternative to liquidation for the "Silver Tsunami" wave of retiring founders and entrepreneurs." Read more...

 

ESOPs may be smartest (and safest) succession strategy for boomers

October 9, 2017
By Anjalee Khemlani/ Return on Information New Jersey
 

"The "silver tsunami," the phrase used to describe the large wave of retiring baby boomers, who will be needing to sell off, shut down or transfer ownership of their small to midsized companies, is upon us." Read more...

 

The Employee Ownership Trust, an ESOP Alternative

January/February 2017
By Christopher Michael/ Probate & Property, Volume 31 No.1
 

"For the last four decades, an employee stock ownership (ESOP) has been the optimal legal mechanism for transferring ownership of stock to employees in the company which they work.  A primary goal of ESOPs is often long-term employee ownership, as an ongoing employee reward program that leads to improvements in productivity and profitability and helps to ensure the longevity of the company." Read more...

 

Studying the Benefits of Shared Capitalism as a Lifeline for the Middle Class

June 22, 2016
By Steve Flamisch / Rutgers School of Management and Labor Relations

 

ESOPs Attractive to Baby-Boomer Business Owners

April 13, 2014
By Len Boselovic / Pittsburgh Post-Gazette

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For more information employee ownership or our projects in New Jersey and New York, email us at bethany.dennis@rutgers.edu

 

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