The team at insurance brokerage Holmes Murphy has seen rising interest in ESOPs, particularly in the construction industry.

The Irish ProShare Association (IPSA) has held talks with the Government in a bid to overhaul the tax treatment of Employee Ownership Trusts and stimulate their use across the country. IPSA has long ...

David Alcock at Anthony Collins asks whether employee ownership is the answer for SME business owners ... Sale of a business to an EOT involves the creation of a trust over the shares, and therefore ...

All employees of Sebright Products Inc. are now owners of the company through an employee stock ownership plan (ESOP). The company says this milestone marks a significant step in its commitment to ...

Employee ownership can help democratize workplaces and provide a path for owners looking to transition to retirement, according to leaders of employee-owned businesses in Central Massachusetts.

Parsons Bakery has created an Employee Ownership Trust (EOT), giving its 400 plus staff a controlling interest in the company. Founded in 1926 in North Somerset, the family-run business now ...

has transitioned to employee ownership through the formation of an Employee Ownership Trust (EOT). The company operates from sites in Lincoln and Manchester and has served tradespeople for six ...

Employee ownership can increase creativity ... employee owners – start to get excited,” Walker said. “You’ve built this trust.” Aside from the 3D printers, other cost-saving ideas included optimizing ...

he wanted to make us — the employees — owners via an employee stock ownership plan, or ESOP, a qualified retirement plan that gives tax benefits to companies that share ownership with employees.

“You can absolutely do that in waves over time,” he said. Creation and operation of an ESOP requires several changes: Forming an employee stock ownership trust, led by an independent trustee.

is delighted to announce it is now employee-owned having become an Employee Ownership Trust (EOT). This significant step forward reflects the firm’s commitment to its team to ensure a sustainable ...

That, in turn, will benefit customers and ensure the company’s future, Pruden said. Employee ownership is a great opportunity for everyone to have some personal investment in the company’s ...