Employees Stock Ownership Plans

Author : Perry Phillips
Publisher : Wiley
Page : 0 pages
File Size : 45,7 Mb
Release : 2001-08-16
Category : Business & Economics
ISBN : 0471646229

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Employee Share Ownership Plans by Perry Phillips Pdf

Employee Share Ownership Plans (ESOPs) are a powerful new tool in a world in which it is no longer business as usual. Whether you want to attract and retain skilled workers, create a succession plan for a family business, combat the "brain drain," recognize the contributions your employees have made to your company's success, or need a way to turn your company around through improvements in productivity and morale, an ESOP could be the win-win solution for your company. An ESOP is a formal plan that allows employees to purchase shares in the company the work for. Employees think and act like owners because they do actually hold a very real stake in the company. Not only are ESOPs financially beneficial for employees; companies that offer these plans also reap tangible rewards in improved motivation, communication, productivity, and profitability. Employee Share Ownership Plans is a comprehensive and practical guide to every aspect of designing and implementing ESOPs: Explains the various objectives of an ESOP and the types of plans that exist. Outlines all the processes that are at the foundation of implementing an ESOP: determining employee eligibility, financing, creating the implementation team, communicating the plan to employees, troubleshooting, and more. Covers the more technical aspects of setting up an ESOP, such as business valuation, tax implications, legal requirements, and creating cross-border or international ESOPs. Includes hands-on tools such as sample letters, shareholder agreements, and a comprehensive resource guide to ESOP professionals, web sites, and associations. Features case studies, checklists, questionnaires, and frequently-asked questions. ESOPs are becoming an increasingly important component of compensation and incentive packages, particularly in the high-tech sector, knowledge-based industries, and in any company that relies on a highly skilled workforce. They are very flexible and may be used in many types of situations for a variety of purposes. Because of their adaptability, no two ESOPs are the same, and each plan may be designed and custom fit to a particular culture and type of company. This book will help business owners and managers, as well as their professional advisors, create a competitive advantage for any organization, publicly traded or privately owned.

Author : Robert W. Smiley,Ronald J. Gilbert
Publisher : Unknown
Page : 882 pages
File Size : 44,5 Mb
Release : 1989
Category : Employee ownership
ISBN : STANFORD:36105044165491

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Employee Stock Ownership Plans by Robert W. Smiley,Ronald J. Gilbert Pdf

Author : Perry Phillips,Camille Jensen
Publisher : FriesenPress
Page : 316 pages
File Size : 42,9 Mb
Release : 2015-12-18
Category : Business & Economics
ISBN : 9781460226674

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ESOPs in Canada by Perry Phillips,Camille Jensen Pdf

Employee Share Ownership Plans (ESOPs) are a powerful tool in a world in which it is no longer business as usual. Whether you want to attract and retain skilled workers, create a succession plan for your business, combat the "brain drain," recognize employee contributions, or need a way to turn your company around through improvements in productivity and morale, an ESOP could be the win-win solution for your company. An ESOP is a formal plan that allows employees to purchase shares in the company they work for. Employees think and act like owners because they actually hold a very real stake in the company. Not only are ESOPs financially beneficial for employees; companies that offer these plans also reap tangible rewards in improved motivation, communication, productivity, and profitability.

Author : Scott Rodrick
Publisher : Unknown
Page : 128 pages
File Size : 44,6 Mb
Release : 2020
Category : Electronic
ISBN : 193822079X

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An Introduction to ESOPs, 19th Edition by Scott Rodrick Pdf

Author : Brian M. Pinheiro,Ann M. Kim,Daniel B. Lange
Publisher : Aspen Publishers
Page : 0 pages
File Size : 55,6 Mb
Release : 2017-10-20
Category : Employee ownership
ISBN : 1454883642

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Employee Stock Ownership Plan Answer Book by Brian M. Pinheiro,Ann M. Kim,Daniel B. Lange Pdf

Employee Stock Ownership Plan Answer Book covers the many regulations, interpretations, rulings, and cases that seek to interpret the laws governing the design, administration, and operation of ESOPs. This practical manual focuses on the nuts and bolts of ESOP design and mechanics so that professionals can find new and creative uses for the ESOP model. Employee Stock Ownership Plan Answer Book is written in simple, straightforward language and avoids technical jargon, and includes citations of authority if additional research is required. Employee Stock Ownership Plan Answer Book has been completely updated and revised. Highlights of the Fifth Edition include: A summary of advantages and disadvantages of ESOPs, the various planning opportunities ESOPs present, and the significant risks that should be considered An outline of the legal requirements for structuring an ESOP, primarily arising from the Internal Revenue Code A discussion of the rules for deducting various amounts contributed to an ESOP, distinguishing how such rules differ from rules in other types of retirement plans A discussion of the complex fiduciary duties and relationships inherent in the unique structure of an ESOP. More than any other type of retirement plan, fiduciaries of ESOPs run the risk of engaging in prohibited self dealing The issues that arise in valuing companies owned in whole or in part by an ESOP A detailed description of the special tax advantages for shareholders who sell their shares to an ESOP in a transaction that satisfies Code Section 1042, usually as part of a corporate ownership succession strategy An overview of the securities laws implicated by the employer securities held within an ESOP An explanation of ESOP leveraging - perhaps the most unique of the features of an ESOP - which allows the ESOP to be used by the sponsoring employer to obtain tax-advantaged corporate financing An in-depth look at special issues arising in ESOPs sponsored by Subchapter S corporations A discussion of the many uses of ESOPs in corporate merger and acquisition transactions, and the special treatment that often must be afforded to the ESOP fiduciaries who control the disposition of the employer securities held by the ESOP Previous Edition: Employee Stock Ownership Plan (ESOP) Answer Book, Fourth Edition ISBN 9781454810315

Author : Gerald I. Kalish
Publisher : Irwin Professional Publishing
Page : 354 pages
File Size : 51,6 Mb
Release : 1989
Category : Business & Economics
ISBN : IND:30000036612442

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ESOPs by Gerald I. Kalish Pdf

Author : Idelle A. Howitt
Publisher : Unknown
Page : 0 pages
File Size : 42,8 Mb
Release : 2006
Category : Electronic books
ISBN : 0735553432

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Employee Stock Ownership Plan Answer Book by Idelle A. Howitt Pdf

Employee Stock Ownership Plans (ESOPs) are powerful competitive tools to help businesses attract, retain and reward the best employees and increase their productivity. Whether you are just beginning to consider employee stock ownership as a meaningful business strategy or are looking for ways to make your current plan more effective, turn to the Employee Stock Ownership Plan Answer Book for the facts, legal analysis and practical advice you need to make informed, strategic decisions! The Employee Stock Ownership plan Answer Book gives you one-stop access to the latest laws and regulations governing ESOPs, including the applicable Internal Revenue Code provisions, the Tax Reform Acts of 1984 and 1986 and the Small Business Job Protection Act. You'll learn not just what the law says, but what you must do to ensure proper administrating, compliance and reporting. This product is available on the Internet. Ask your CCH representative for details.

Author : Scott S. Rodrick,Corey Rosen,Richard D Rosen
Publisher : Aspen Publishers
Page : 450 pages
File Size : 42,9 Mb
Release : 1999-06-18
Category : Electronic
ISBN : 015606975X

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Employee Stock Ownership Plans by Scott S. Rodrick,Corey Rosen,Richard D Rosen Pdf

Achieve two major goals of business-decreasing taxes and increasing employee productivity-with an effective Employee Stock Ownership Plan (ESOP). Learn everything you need to know, from financing the leveraged ESOP to reinvestment strategies for the ESOP tax-free rollover, in this informative, user-friendly guide. You'll also get the latest on ESOP valuation, securities laws issues, accounting for ESOP transactions, administration of ESOPs, and more. Read this book for proven strategies, and then benefit from the lucrative windfall of employee ownership. Practice aids on the accompanying CD-ROM.

Author : United States. General Accounting Office
Publisher : Unknown
Page : 72 pages
File Size : 46,7 Mb
Release : 1987
Category : Corporate profits
ISBN : STANFORD:36105127389745

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Employee Stock Ownership Plans by United States. General Accounting Office Pdf

Author : Douglas L. Kruse,Richard B. Freeman,Joseph R. Blasi
Publisher : University of Chicago Press
Page : 433 pages
File Size : 48,8 Mb
Release : 2010-06-15
Category : Business & Economics
ISBN : 9780226056968

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Shared Capitalism at Work by Douglas L. Kruse,Richard B. Freeman,Joseph R. Blasi Pdf

The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

Author : Howitt
Publisher : Kluwer Law International
Page : 128 pages
File Size : 50,8 Mb
Release : 2010
Category : Reference
ISBN : 0735591172

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Employee Stock Ownership Plan Answer Book by Howitt Pdf

Employee Stock Ownership Plans (ESOPs) are a powerful competitive tool to help businesses attract, retain, and reward the best employees and increase their productivity. Whether you are just beginning to consider employee stock ownership as a meaningful business strategy or are looking for ways to make your current plan more effective, turn to the Employee Stock Ownership Plan Answer Book for the facts, legal analysis and practical advice you need to make informed, strategic decisions! The Employee Stock Ownership Plan Answer Book gives you one-stop access to the latest laws and regulations governing ESOPs, including the applicable Internal Revenue Code provisions, the Tax Reform Acts of 1984 and 1986, and the Small Business Job Protection Act. You'll learn not just what the law says, but what you must do to ensure proper administration, compliance and reporting. Employee Stock Ownership Plan Answer Book has been updated to include answers to such questions as: ; What is a key strategic issue that companies often overlook when considering an ESOP? Why did the DOL promulgate new service provider regulations? What is the advantage of appointing a temporary trustee versus having the business owner sign the contract with the business appraiser? Why is the DOL trying to define business appraisers as ESOP fiduciaries? Why and how are ESOP loans refinanced? Are companies allowed to extend the life of an ESOP loan? What are the advantages of having company officials serve as ESOP fiduciaries? Does an ESOP fiduciary need an ERISA bond, and, if so, for how much? Which of the ESOP trustee's responsibilities is the most important? What is the role of the ESOP trustee when there has been a serious acquisition offer? What are the new rules on employer stock diversification in 401(k) plans and KSOPs? What is the most commonly used method for funding the repurchase obligation? How many companies only fund the current year's obligation as opposed to also saving for future repurchase obligations? What is an employee retirement stock ownership plan (ERSOP)? Can ESOPs be used to eliminate unions? Is the amount of executive compensation of particular importance in ESOP companies? Are the new executive pay requirements under the Dodd-Frank Act expected to have much impact on executive pay? Are there changes in the tax laws that might affect the use of an ESOP in estate planning? How might changes in the tax laws affect the future of ESOPs? How do ESOPs fit into the increasingly competitive world economy?

Author : United States. General Accounting Office
Publisher : Unknown
Page : 16 pages
File Size : 53,8 Mb
Release : 1989
Category : Employee fringe benefits
ISBN : UIUC:30112033963676

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Employee Stock Ownership Plans by United States. General Accounting Office Pdf

Author : John Logue,Jacquelyn Yates
Publisher : Cornell University Press
Page : 264 pages
File Size : 48,8 Mb
Release : 2018-09-05
Category : Political Science
ISBN : 9781501728242

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The Real World of Employee Ownership by John Logue,Jacquelyn Yates Pdf

Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool.Detailed information resulting from multiple surveys allows the authors to draw well-grounded conclusions regarding the question of why some employee-owned firms outperform others. The bottom line, they find, is that employee-owned firms that "do it all," implementing features such as employee participation and communication about finances, training, and cultural change, systematically outperform their conventional competitors. They also have an advantage over firms that understand employee ownership incompletely, if it all, and yet claim to adopt its methods.

Author : Frederick D. Lipman
Publisher : Prima Lifestyles
Page : 0 pages
File Size : 45,5 Mb
Release : 2001
Category : Employee stock options
ISBN : 0761533826

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The Complete Guide to Employee Stock Options by Frederick D. Lipman Pdf

Numerous private and public companies offer stock option plans every year to motivate, retain, and reward employees. But implementing the right stock option plan can be a complex and daunting undertaking, without the proper guidance.The Complete Guide to Employee Stock Optionsunravels the mystery of creating a meaningful equity compensation plan for employees that is favorable for the business. Author and attorney Frederick D. Lipman describes in complete detail the legal, operational, and motivational aspects of developing a stock option program, whether it's for the new start-up looking to attract top talent or the venerable company looking for ways to reward its best performing employees. Readers will discover how to: * Understand the pros and cons of different option plans* Implement the right plan to meet the company's future plans* Motivate key employees with equity compensation* Minimize the risk of losing equity in a volatile market* And much moreThis book also includes useful information for employees who want to understand what their stock options mean and how to maximize their profitability. Complete wi

Author : Scott S. Rodrick
Publisher : Unknown
Page : 230 pages
File Size : 52,8 Mb
Release : 2000
Category : Employee ownership
ISBN : CORNELL:31924103732768

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Leveraged ESOPs and Employee Buyouts by Scott S. Rodrick Pdf