ESOPs (BenefitsLink.com)Headlines re ESOPs, gathered by BenefitsLink.comPresentation: Plan Litigation and Latest Trends in Equity Compensation- (Found June 29, 2008 ) Presented at the NCEOBeyster Institute Joint Annual Employee Ownership Conference in Chicago, Illinois, April 3, 2008. (Janich Law Group)http://www.janichlawgroup.com/dl/NCEO.Beyster.Institute.Annual.Conference.2008.ppt Employee Ownership Update for May 1, 2008- (Found June 29, 2008 ) NCEO Executive Director Corey Rosen discusses the NCEO's new survey of equity compensation practices in private companies and invites private companies to participate. He also recommends six principles for making messages stick (for example, in communicating an ESOP to employees). Finally, he addresses the impact of the ESOP repurchase obligation on valuation. (National Center for Employee Ownership)http://www.nceo.org/columns/cr252.html New book: Understanding ESOPs- (Found June 29, 2008 ) The NCEO presents excerpts from Understanding ESOPs, its new introductory book on employee stock ownership plans. Written by NCEO cofounder and executive director Corey Rosen and NCEO publications director Scott Rodrick, the book is a comprehensive overview of how ESOPs work in both C and S corporations, what their applications are, what the valuation and financing issues are, what the steps to set one up are, and more. (National Center for Employee Ownership)http://www.nceo.org/pubs/understanding-esops.html Study Indicates Majority-Owned ESOP Firms Enjoy Greater Productivity- (Found June 29, 2008 ) Excerpt: "Recent research by Brent Kramer, a doctoral candidate at the City University of New York, 'provides strong evidence that majority employee-owned businesses have a significant advantage over comparable traditionally-owned businesses in sales per employee.'" (PLANSPONSOR.com; free registration required)http://www.plansponsor.com/pi_type10/?RECORD_ID=41876 |