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.

While you were worrying about the election…
Employee Ownership News compiled the latest happenings, from new films and books to conference reports and more, so you wouldn’t miss a thing. Check out the latest news updates.     Newsfeed…   Cities Speak:A more equitable and just recovery with employee ownership

Forbes:Give employees a stake: The business model that could tackle wealth disparity in the U.S.

Nonprofit Quarterly:Racial equity in co-ops: 6 key challenge and how to meet them

Globe and Mail:Employee ownership can help save struggling local economies

Nonprofit Quarterly:Saving childcare: The essential value of a worker-owned childcare ecosystem

Waste Dive:Recology COO discusses how the West Coast company is weathering a year of wildfires, pandemic disruptions

Comstock’s Magazine:Transfer of Power

Business Insider:Platform cooperatives could be promising solution for gig workers

New York Times:For Owners Looking to Sell, an Option That Keeps Their Company Intact

EB Hub:Unsung hero spotlight: Zen Trenholm