Employee Stock Ownership Plans (ESOPs)

Employee ownership legislation in the Senate

Bills would help expand worker-owned business

On July 23rd, 2012, Senator Bernie Sanders (I-VT) introduced two bills to support the expansion of employee owned businesses in the US.  The underlying rationale behind the legislation focuses on the increased productivity and stability of businesses in which employees are also owners.  By helping employee ownership and participation in businesses to become more widespread across the United States, the two bills would help preserve jobs and build a stronger economy.

Read more about Employee ownership legislation in the Senate...

Austin Industries

Austin Industries is a construction company that provides nearly every type of civil, commercial and industrial construction service to a variety of industries and is 100% employee owned. Read more about Austin Industries...

Maryland Brush Company

Maryland Brush Company was established in 1851 and is a leading manufacturer and supplier of industrial brushes to customers on every continent. A subsidiary of Pittsburgh Plate & Glass from 1901 to 1989, it was spun off and incorporated as ESOP in 1990 with the assistance of the United Steelworkers. It is 100 percent owned by its 39 employees.

Green Contracting Company

Founded in 1959, Green Contracting Company, Inc. is a mechanical contractor specializing in heavy mechanical construction with more than 100 employees and annual revenues of roughly $35 million.  In 1999, the company became 100 percent employee-owned through an ESOP.

Recology

With roots back to early “scavenger” companies founded in San Francisco in the early 1900s, Recology is a 100 percent employee owned company dedicated to building resource ecosystems that protect the environment and sustain communities.  To do so, the company’s services include street and commercial facility cleaning, landscaping and maintenance; waste collection, recovery, processing, sorting and transfer; waste recycling education; organic material collection and processing; and landfill management.  In all its work, the company is committed to a “zero waste” approach, which means finding ways to use waste products in a way that benefits the environment and only landfilling materials for which no use has yet been found.  Today, Recology is recognized as the largest employee-owned company in the resource recovery industry and serves as a parent to over 40 subsidiaries that provide integrated services to over 670,000 residential and 95,000 commercial customers in California, Oregon, Nevada and Washington.  Recology hires directly from the communities it serves, aims to purchase local goods and services when possible, and supports community development programs.

The Shared Capitalism Institute

The Shared Capitalism Institute prepares policy papers and educational materials to inform public debates about the role of economic inclusion in addressing key social issues, with a heavy focus on promoting employee ownership. Read more about The Shared Capitalism Institute...

Employee Stock Ownership Plans Association

The ESOP Association is a membership organization composed of companies with employee ownership and those transitioning to employee ownership status. This non-profit organization provides educational materials and training seminars necessary for the successful management of employee-owned companies. Read more about Employee Stock Ownership Plans Association...

Center for Economic and Social Justice

The Center for Economic and Social Justice is a non-profit, non-partisan education and research organization dedicated to promoting economic justice on a global scale by expanding capital ownership to a broader segment of society. Read more about Center for Economic and Social Justice...

Capital Ownership Group

The Capitol Ownership Group (COG) is an on-line think-tank that works to promote the advancement of broad-ownership systems, specifically employee ownership, and the raising of social and wage standards on an international level through policy proposals and advocacy. Read more about Capital Ownership Group...

Beyster Institute

The Beyster Institute is a non-profit organization that provides and promotes strategies for employee ownership and equity compensation through research, education, and consulting programs. Read more about Beyster Institute...

Vermont Employee Ownership Center

The Vermont Employee Ownership Center is a non-profit organization whose mission is to promote and foster employee ownership in Vermont in order to broaden capital ownership, deepen employee participation, retain jobs, increase living standards for working families, and stabilize communities. Read more about Vermont Employee Ownership Center...

Ownership Associates

Ownership Associates is a consulting firm providing a range of services to corporations interested in broadening ownership and workplace participation opportunities for employees, specializing in the design and implementation of employee surveys and education and training programs. Read more about Ownership Associates...

Ohio Employee Ownership Center

The Ohio Employee Ownership Center (OEOC) is a non-profit, university-based program housed within Kent State. First created in 1987, OEOC has provided outreach, training, and preliminary technical assistance. Its competencies are targeted toward four major groups: Read more about Ohio Employee Ownership Center...

National Center for Employee Ownership (NCEO)

NCEO is a research organization dedicated to advancing worker ownership by providing information, publications, and research on Employee Stock Ownership Plans (ESOPs) and other forms of employee-ownership. Read more about National Center for Employee Ownership (NCEO)...

Industrial Cooperative Association (ICA Group)

The Industrial Cooperative Association (ICA Group) is a non-profit organization that promotes worker ownership by providing education and technical assistance to those organizations seeking to start a community-based or worker-owned business. Read more about Industrial Cooperative Association (ICA Group)...

ESOP Partners

ESOP Partners, founded by ESOP consultant Aaron Juckett in 2006, provides ESOP implementation and ongoing administration and consulting services to ESOP companies. The company website is also host of "The One Stop ESOP Blog" which provides information about newsworthy developments concerning ESOPs and employee ownership. Read more about ESOP Partners...

The ESOP Association

The ESOP Association is a membership organization composed of companies with employee ownership and those transitioning to employee ownership status. This non-profit organization provides educational materials and training seminars necessary for the successful management of employee-owned companies. Read more about The ESOP Association...

TATC Consulting

Founded in 1969, TATC Consulting is a DC-based employee-owned company with over 50 employees that provides consulting services, primarily related to personnel management issues, to government agencies, private sector corporations, and nonprofit groups. Read more about TATC Consulting...