Employee-owned firms are three to four times more likely than other firms to have retained their employees during the COVID-19 pandemic

November 2020

Employee-owned firms lay off fewer employees
Majority ESOP firms are three to four times more likely than other firms to have retained their employees during the COVID-19 pandemic, according to new survey data analyzed by the Rutgers Institute for the Study of Employee Ownership and Profit Sharing. Learn more.

EOX launches new state centers
Tough times have not stopped the Employee Ownership Expansion Network. In the last year, new state centers have opened in North Carolina, Minnesota, Georgia, Tennessee, Florida, and Texas. Read more.

Co-op Cincy Business Legacy Fund
We are at a critical moment, with many small businesses facing tough choices. Co-op Cincy has partnered with Seed Commons to launch a new investment fund that will finance employee ownership transitions in southwest Ohio. Read more.

Creating an economy that works for all
Among the key recommendations in a report from the American Sustainable Business Council (ASBC) is the expansion of employee ownership. Find out more about ASBC’s policy recommendations.

The ESOP Association announces new digs
Jim Bonham, president and CEO of The ESOP Association (TEA), talks about plans for the International Center for Employee Ownership on Capitol Hill. Learn more about TEA’s new headquarters.