How Does Neuroscience Affect Employee Engagement?

What is the foundation for effective employee engagement within your ESOP?

Trust. 

Actually, trust is the foundation for every relationship, in any area of your life.  And the only way to create a workplace environment for greater connection, collaboration, innovation, creativity, and success, is by building incrementally higher levels of trust every day.

A basic understanding of neuroscience can allow us to have a simple, understandable dialogue about some of the elements that instill trust, employee engagement, and can lead to an even more successful Employee Share Ownership Plan (ESOP).

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Thinking of a Stock Option Plan for your Company?

When business owners think of offering their employees equity in the company, a stock option plan often comes to mind.

Stock options can be a great tool for owners to engage their employees and attract and keep talented staff. So let’s discuss what stock options are, and in what scenarios they perform best.

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B Corps and ESOPs – Best of Both Worlds

A new business certification called B Corp is becoming a leading business innovation, and the model works extremely well with an ESOP. B Corp

B Corp companies have a mission to maximize “stakeholder value.” Stakeholders include employees, community and the environment, in addition to shareholders. Consider it like certification of a LEED building or Fair trade coffee, but for companies.

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Does Happiness Create Success in Business?

In a meta analysis of 225 academic studies by Sonja Lyubomirsky, Laura King and Ed Diener (as reported in the 2012 Harvard Business Review) it was shown that happy employees have a higher productivity rate by 31%, increased sales by 37% and are 3 times more innovative and creative.

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Should You Make The Scary Switch To Employee Share Ownership (ESOP)?

Should you make the scary switch to an ESOP?  Or is it a scary switch?Employee Share Ownership - is it scary?

There is often a perception that inviting employees into the ownership circle can  take away value, rather than adding value to a company.  When designed well, this is not true at all. In fact, there are many huge advantages for the owner, the company and the employee team.

Tema Frank of Frank Reactions interviewed Employee Ownership Specialist, Dan Ohler, from Edmonton, AB to explore these questions.

We invite you to grab a cup of coffee, put on your headset, and enjoy the interview.

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Employee Ownership. Is It Right For You?

In our daily conversations with business owners and senior management, we receive lots of questions about employee ownership of business through an ESOP.  Most fit into two categories characterized as:

  1. How do we implement an ESOP?
  2. We’ve got an ESOP. How do we keep it fresh and alive?

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Is it the Right Time for Canadian Employee Ownership?

It is no secret that our Canadian economy is changing. How does this relate to Canadian employee ownership?  A great question.

In Alberta, as in many other places across Canada, thousands of oil-related jobs have been lost. Downtown Calgary was almost impossible to drive through a year ago, yet now, rush hour is quite manageable – and it’s not because people are riding bikes.

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ESOP plans in agriculture too

Employee Share Ownership Plans in Canada are often thought to work best in industries such as engineering, construction, high-tech, and famous little airline companies like the one based out of Calgary, AB.  Any guesses?

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The Conversation Canada is Missing On Minimum Wage

Recently, B.C., Alberta and Ontario have committed to raising the minimum wage and predictably in all cases, these wage hikes are met with scorn and praise from both sides. While a minimum wage is an essential factor to protect workers and create a minimum standard of living, there is a better solution that Canada should be exploring to help more people build wealth and ensure a competitive economy.

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12 Successful Strategies for Creating a Participative Environment

Studies in the United States over the last 40 years have repeatedly identified that an employee share ownership plan (ESOP) with a participation component outperforms one without a participation element.

Participation means that the employees take on the responsibility of their particular job as well as the accountability that goes along with it by participating in decision-making in their sphere of influence within the organization.

Participation is vital to an ESOP. In fact, the same studies have shown that ESOPs without employee participation might be worse than having no ESOP at all. This negative result has been calculated at upwards of 6% of reduced production. 

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Welcome

Hello,

We’re very pleased to introduce our new website! We hope you find everything you came for.

If you have any questions related to anything you see here or are interested in learning more about ESOPs, ESOP Builders or just fancy a chat, please don’t hesitate to reach out directly at info@esopbuilders.com.

Don’t forget to check our blog often, as we’ll be posting industry content, news, and notes that may benefit you!

We look forward to blogging for you!

–ESOP Builders