In order to perform better and reap the clear benefits an ESOP can generate, you must couple employee ownership with employee engagement. Here are some thoughts of how and when to engage your ...

For example, an employee’s statement might show they have 2,100 shares with a per-share value of $85, resulting in an ESOP account balance of $178,500. 3. How has the share price changed across ...

In those early years, we’d get our ESOP statement, review it, appreciate its growing share value, then put it in the drawer and get back to work. Not really thinking about it again until next year.

Provide ESOP statements with explanations: Providing annual ESOP account statements is an excellent opportunity for education.

He now gets an ESOP statement in addition to his 401(k) retirement report. Boyd said workers feel more engaged with the company. “I’m working a 9-to-5 job, but it’s more than that,” he said.

But it wasn’t until we received our first ESOP statements that the true meaning of being an owner hit home. Seeing that first statement, I thought, Wow, it’s free money! And it can grow .

For the first couple years, my ESOP statement was modest. But then a couple years in, the numbers started getting bigger and bigger. I thought, “Wow, this is life-changing!” ...

The statement signed by its board that drew Jones’ ire read: “Today, the City of St. Louis Board Bill 47 was signed. Though ESOP along with the other two labor unions opposed the bill, we ...