Between both the pandemic and political unrest, employee owners are seeking ways to endure and succeed in the world. For a number of years, I have been teaching and speaking about positive psychology - specifically Optimism, Resilience, and Grit. As we look at the our current social and political climate, ESOPS face new challenges that can be unsettling.
Read MoreMentor Programs with some formality can provide great benefits to ESOP organization and its people. Employee Stock Ownership Plan companies give employees ownership interest in the organization. I have designed mentor programs to reduce turnover, strengthen cultural immersion for new hires, develop high potential leaders and talent, as well as a development tool in succession planning.
Read MoreFor those who are not familiar with ESOPS, Employee Stock Ownership Plan companies give employees ownership interest in the organization. Some ESOPS are 100% employee owned, while others have a portion of the company owned by the employees. ESOPS provide tax benefits and profit sharing opportunities for both the organization and employees. Learn more about Informal mentor programs for ESOPS in this article.
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