One of the key benefits of an Employee Stock Ownership Plan is its potential to boost employee retention. Research shows that ESOPs tend to have lower voluntary quit rates and longer employee tenures ...

Effective communication about the terms and details of the ESOP is a focused specialty of the collaborative ELG team. “We communicate and make sure company employees have a good understanding of the ...

BLOOMINGDALE, Ill., Jan. 7, 2026 /PRNewswire/ -- NOW Health Group (NHG) announced today its intent to preserve local ownership and further strengthen the company's strong prospects by selling a ...

Forbes contributors publish independent expert analyses and insights. Mary Josephs is an expert in business ownership transitions. How can we create opportunities for more workers to enjoy the ...

What makes Employee Stock Ownership Plans (ESOPs) an attractive option for succession planning? What should companies consider when exploring this option, and how has it benefited Grassi and your firm ...

Employees participating in an ESOP receive shares in the company. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. More than half of U.S. businesses with employees are owned ...

Over the past decade, Maine has had a surge of companies converting to employee ownership under the Employee Stock Ownership Plan structure. In 2013, the Pine Tree State had 15 designated ESOPs. By ...

World’s Finest ® Chocolate, a proud American chocolate manufacturer and leader in the school fundraising industry, has announced that it is sharing ownership with its employees through a newly ...