Blue Ridge ESOP Associates Industry News

Next week we will have a booth at the Las Vegas ESOP Conference and Trade Show. Stop by booth 102 and visit with our professionals who will show you how Blue Ridge ESOP Associates is able to take your ESOP to the next level with the latest enhancements in ESOPConnection and the ability for us to handle Repurchase Obligation Studies. Don't miss our professionals co-presenting at the following sessions:

Next week members of the Blue Ridge ESOP Associates team will be attending the Mid-Atlantic/Carolinas Joint Fall Conference at the Westin Hotel in Richmond, VA. We are pleased to be a platinum sponsor supporting this professional conference. The following sessions will be co-led by our professionals.

A new study highlighting the benefits of ESOP companies to their employees has been issued by Jared Bernstein, former Chief Economist and Economic Adviser to Vice President Joseph Biden. Bernstein demonstrates that ESOP companies:

We strolled past a brick wall, turned a sharp corner and the glowing, green eyes from twenty-feet away stared at me. Atop a four-foot high stack of rolled paper, the calico licked a paw as nearby machines clanged, sliced, whirled and banged a cacophony of capitalism. The successful manufacturing company, BSC Ventures, had just transitioned to 100% employee ownership, but, in more than a quarter century of plant tours, this was my first encounter with a feline employee owner.  

January brings another batch of resolutions. Most, alas, will be long forgotten by the end of first quarter. Because you want to make more of your investment in ESOP ownership and engage your employees as owners, why not resolve to use the SMART process to achieve your ownership-development goals in 2016?

SMART, as you may know, stands for Specific, Measurable, Attainable, Relevant and Time-bound. Here’s how you can be SMARTer and make more of employee ownership this year.

S= Specific. What do you want to accomplish with your ESOP? What level of understanding and engagement do you want from employees? What attitudes, behaviors and actions would you like employee-owners to display in their daily jobs? Write down specifics that you want to see happen.

This week we will have a booth at the Las Vegas ESOP Conference and Trade Show. Stop by booth 205 and visit with our professionals who will show you how Blue Ridge ESOP Associates is able to take your ESOP to the next level with the latest enhancements in ESOPConnection and the ability for us to handle Repurchase Obligation Studies. Don't miss Kevin Rusch's session on ESOP Distributions:

Tomorrow members of the Blue Ridge ESOP Associates team will be attending the Mid-Atlantic Chapter Fall Conference at Boar's Head Inn. We are pleased to be a platinum sponsor supporting this professional conference. The following round tables will be led by our professionals.

October – national ESOP month – is a great opportunity to build enthusiasm for your plan’s benefits. You can educate employees about how they affect company performance, drive ESOP stock value and create your firm’s ownership culture. If you want to get more out of your investment in employee ownership in October, here’s a few things to consider right now.