ESOPlus® - ESOP Builders

After the ESOP – Ownership Culture

The Plan has been implemented, a feat in itself, and now has to be maintained and supported to keep achieving its goals and establish an ownership culture. ESOPlus® is designed to provide detailed tools and resources to support after the ESOP and improve activities that establish an ownership culture and drive Plan success such as engaging employees and establishing participative practices. It is ideal for Plans that are meant to be ongoing, drive higher engagement from employees, attract new talent, retain team members, and support succession planning.

ESOP companies that have established an ownership culture through participation and engagement are more likely to see positive results.

What’s included after ESOP implementation?

An engagement measurement tool (CORE4ESOP) to help you track and analyze Plan performance and ensure it is meeting its goals.
Templates and guides that are detailed, clear, engaging, and customizable to help integrate your Plan into other company strategies such as attracting and retaining employees.
A workbook with templates for you to establish your Plan Committee and communication strategy, and set them up for success long-term.
Administration guides and third party portal access for employee visibility of company ownership.
Workshops along with direct access to an ESOP expert to assist the ESOP Committee and employee shareholders as a whole to truly engage and participate in ownership.
Exclusive access to the most recent and relevant data specifically from small and medium sized private Canadian companies that have an employee ownership program.
Access to an ESOP expert at any time.

Talk to an ESOP Expert about ESOPlus®

1. CORE4ESOP

This engagement survey developed to measure the attributes that impact employee engagement. CORE4ESOP has been developed to assist ESOP companies to measure engagement within the ESOP context and provides an overview of employee perception of performance. With these perceptions clearly mapped out, issues or gaps are apparent and action plans can be designed to bridge those gaps to create a sustainable ESOP that consistently meets its objectives.

CORE4ESOP is included in Stage 2 of the ESOP Transformation Model™️ and as part of ESOPlus® conducted at least annually. It is very versatile and customizable, meaning it can be used alone, work alongside a current engagement tool or work as a replacement employee engagement tool.

Learn more

2-3. Templates, Guides and workbooks

ESOPlus® includes the following resources to help establish the Plan Committee as an ongoing initiative for communication and education of the Plan, and integrate the Plan into recruitment, onboarding and retention activities.

Setting up the Plan Committee (Workbook)

Job Description and Posting (Templates and Guides)

Onboarding:

What is employee ownership infographic/video

Presentation Template and Successful Start Guide

Employee Owner Roadmap infographic/video

Communication Calendar Guide

4. Administration

In every company there is going to be someone tasked with the backend administration of the ESOP. This can be done fully in house, using third party software to outsource it, or a combination of both.

ESOPlus offers The Administrator’s Guide for first time ESOP Administrators which outlines at least some of the details that will need to be completed and when.

ESOP Builders partners with Global Shares to offer their third party ESOP administration programs.

	Platform
	Emerging Markets	Enterprise
Pros	Cost effective – monthly fee based on users Easy to start Employee portal: Great visibility for employees to see their shareholdings and other information – supports transparency Communication: Ability to upload documents to the portal	Fully managed so your time can be spent on other things Electronic process: Process share offerings and minimarkets in the system Employee portal: Great visibility for employees to see their shareholdings and other information – supports transparency Communication: Ability to upload documents to the portal
Cons	Not fully managed, so time is needed to maintain and upload the data in the platform	Costly – set up fees, annual fees More time consuming and complex to set up

Tell me more about the Emerging Markets platform

5. Workshops

The following workshop modules are designed to engage employee shareholders to start understanding what factors impact company success and the valuation of the business.

Ownership Thinking: Money Matters

Scalability Finder

Growth Potential

Monopoly Control

Valuation Elements

6. Exclusive Data

Information from private Canadian companies that have an employee share ownership plan

Our annual survey of Canadian ESOP companies is beginning in 2023. Members of ESOPlus® will be able to access the results each year.

Information that is measured includes, but is not limited to, number of employees, growth in number of employees, turnover & retention, year of ESOP launch, number of employee owners, percentage offered to employees, ESOP ownership percentage, industry, allocation methods, share attributes, and share recycling processes.