Monthly Archives December 2023

Employee Ownership Trusts (EOTs): What They Are and How They Work

In today’s rapidly changing business landscape, traditional ownership models are facing increasing scrutiny. Employees are yearning for greater involvement, businesses are seeking sustainable growth strategies, and communities are demanding shared prosperity. Enter Employee Ownership Trusts (EOTs), an innovative model that offers a compelling solution to these aspirations. What is it? An EOT is a legal structure that allows a company to be owned by its employees for the benefit of all. This means employees become the shareholders, collectively holding the majority ownership of the company through a trust. Unlike traditional employee stock ownership plans (ESOPs), where ownership ultimately rests with
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