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The National Center for Employee Ownership (NCEO) is a nonprofit research organization that gathers and disseminates data on employee ownership of the business by which they are employed. The organization was established in 1980 by Corey Rosen, then a staff member in the United States Senate who had become involved in drafting legislation on employee stock ownership plans (ESOPs).

History

In 1994, sociologist William Foote Whyte, one of the founding members of the NCEO board of directors, described the circumstances preceding the foundation of the NCEO:

In the Reagan landslide of 1980, Senator Gaylord Nelson and Representative Peter Kostmayer lost their seats in Congress... That ended the congressional careers of Corey Rosen, Karen Young, and Joseph Blasi. Although this seemed a severe blow to the employee ownership movement, it did not turn out that way. Corey and Karen transferred their activities to their home in Arlington, Virginia, and established the National Center for Employee Ownership (NCEO).

Although ESOPs were rare at the time, Rosen asserted that if more people understood them and the benefits they were asserted to provide for companies, more companies would adopt them. By January 1982, the fledgling organization reported having "350 members from unions, businesses, and trade associations". Also in January 1982, the organization sponsored "its first buyout symposium for labor unions". Later in 1982, Rosen published a book titled Employee Ownership: Issues, Resources and Legislation.

Over the course of the following decade, the organization relocated its headquarters to Oakland, California, and developed a substantial library of information and authority within the field. As of 1994, Whyte wrote that the NCEO had come to be recognized as the prime source for information and ideas on employee ownership", and that it was "increasingly well financed by membership and conference fees and research grants". Economic sociologist Joseph Blasi also served for a time on the board during this period.

As of 2022, the NCEO claims to have more than 3,000 members including both ESOP companies and academics.

Structure and functions

The NCEO is "a private, nonprofit, membership and information organization formed to provide reliable, objective, comprehensive information about employee ownership".}}

The NCEO is "a nonprofit membership-based organization dedicated to providing information about and increasing understanding of employee ownership".

The NCEO is "a private, nonprofit membership and research organization that serves as the leading source of accurate, unbiased information on employee stock ownership plans (ESOPs), broadly granted employee stock options, and employee participation programs".

It "functions as a clearinghouse on employee ownership".

The NCEO "does not lobby on behalf of employee ownership; rather, it provides the most extensive library of publications dealing with virtually every facet of employee ownership". The organization thereby "helps encourage more companies to explore employee ownership by providing accurate, unbiased information and research on ESOPs, equity compensation plans such as stock options, and ownership culture".

Publications

The NCEO publishes an annual list of the top 100 employee-owned companies in the U.S.

"They hold an annual conference and dozens of meetings around the country and publish a newsletter, consultant listings, and many books and articles".<ref name="Ballast">

"NCEO publishes information on employee ownership, hosts conferences on the subject, provides information to the media, works with companies, unions, and employee groups considering employee ownership, and conducts research on the dynamics and effects of employee ownership".

NCEO publishes the Issue Brief series, a monthly journal that typically addresses one major topic each month in significant detail. The Issue Brief is well-researched, peer reviewed, and often considered an authoritative resource for the employee ownership community. Related to the Issue Brief series, the NCEO publishes a number of excellent books and publications on a wide range of issues relating to employee ownership.The source for many of the titles are features in the Issue Brief series.

For most of its existence, it has also published the bimonthly periodical, Employee Ownership Report, which "features a wide range of topics, such as legal cases, legislative updates, original research, and significant events". The NCEO also provides technical support publications and videos, including "a standing inventory of relevant materials for immediate sale, including books, periodicals, employee communication materials, and research reports".

Meetings

NCEO holds an annual meeting "with a new location each year (typically in the month of April)" to maximize access, and holds "numerous employee workshops... throughout the country".

The organization "conducts research on employee ownership, and sponsors regional and local conferences and workshops as well as an annual national meeting".

References

1. ^ Scott D. Miller, ESOPs: Savvy Strategy for Tax Management, Succession, and Continuity (2017), p. 28-29.
2. ^ Robert Jackall, ‎Henry M. Levin, Worker Cooperatives in America (1986), p. 287.
3. ^ Patrick Petit, Earth Capitalism: Creating a New Civilization Through a Responsible Market Economy (2017), p. 132.
4. ^ "Company buyouts growing trend", The Montana Standard (January 21, 1982), p. 14.
5. ^ William Foote Whyte, Participant Observer: An Autobiography (1994), p. 294.
6. "Employee ownership advocate at IUP", Indiana Gazette (October 8, 1982), p. 17.
7. "Information about the National Center for Employee Ownership (NCEO)".
8. David Kent Ballast, The Encyclopedia of Associations and Information Sources for Architects, Designers, and Engineers (1998), p. 81.
9. Chuck Collins, ‎Felice Yeskel, Economic Apartheid In America: A Primer On Economic Inequality & Insecurity (2011), p. 222.
10. John Hoffmire (September 28, 2015). "John Hoffmire: Employee ownership — an idea many agree with, few know". DeseretNews.com.

External links

• Official website

Category:Cooperatives Category:Types of business entity Category:Economic theories Category:Employment compensation

This open draft remains in progress as of February 15, 2022.