Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
By Patrick Hogan, handle.com Safety in construction extends beyond physical hazards. With the increasing reliance on digital tools and technology, safeguarding a company’s data is critical. As cyber threats and poor digital security can lead to data breaches and operational disruptions, protecting digital assets has become as essential as ensuring physical safety on the
READ MOREBy YellowBird & Tracy Krieger In a traditionally male-dominated industry like construction, trailblazers like Tracy Krieger defy stereotypes and challenge the status quo. With over 15 years of experience in Environmental, Health, and Safety (EHS), Tracy has emerged as an inspiration in her industry, breaking barriers and shattering glass ceilings. Armed with a bachelor’s degree
READ MOREBy Patrick Hogan, handle.com The construction industry, traditionally seen as a male-dominated field, is on the cusp of transformation thanks to the increasing involvement of women. Despite the historical imbalance, it’s becoming clear that women’s participation at every level significantly enhances innovation, broadens perspectives, and improves team dynamics. While some sectors have made commendable strides
READ MOREBy Lindsay Wilson, McCarthy Building Companies, Inc. Three women including a former architect, interior designer and laboratory technician all have ample cause to celebrate Women in Construction Week. Despite the diversity in their backgrounds and career paths, Elizabeth Hancock, Taylor Patton, and Devon Murray-Mazany share something in common – the courage to switch professions, fueled
READ MORECreating and implementing a formal transition plan helps to ensure the selling party’s goals and objectives are properly documented and addressed. Without a formal plan, the chances for a successful transition could be greatly reduced. But as important as it is to design a meticulous plan, it’s also important to choose which kind of sale to pursue. A new trend that is being evaluated as part of an exit strategy is an Employee Stock Ownership Plan, commonly known as an ESOP.
READ MOREThe rise in nuclear verdicts, and how to understand them. Nuclear verdicts, a relatively recent trend in litigation, refer to legal judgments that bestow significant sums of money upon plaintiffs. The term “nuclear” indicates the potentially devastating financial impacts on businesses and the insurance industry. To be classified as a nuclear verdict, a payout must exceed $10 million, with some reaching astronomical figures in the billions. The exorbitant nature of these rulings is the subject of debate regarding the proportionality of compensation in relation to the damages suffered.
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