one stop esop blog

Subscribe by Email

Your email:

We're Here to Help

describe the image

Aaron Juckett 
President 
CPA, CPC, QPA, QKA 
ESOP Partners LLC 
Phone: 920-659-6000 
Toll Free: 800-837-3112 
Direct: 920-659-6002 
Fax: 866-337-1095 
AJuckett@ESOPPartners.com
ESOPPartners.com 
OneStopESOPBlog.com 

2013 IRS Pension Plan Limits

401(k) Deferral Limit - $17,500

Annual Additions Limit - $51,000

Maximum Compensation Limit - $255,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,035,000

ESOP Additional Year Threshold - $205,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits

Current Articles | RSS Feed RSS Feed

Selling To An ESOP Provides Big Perk to Motivate Employees

Sarah Trovato

Efforts to engage and inspire employees with gimmicky perks will result in very little if you get the company culture wrong.  Your Perks Aren’t Motivating Your Employees shares some examples of how management plans of kindness and good intentions often turn into perks to nowhere and lost capital.

"When a corporate executive asks me what I recommend they do to change the paradigm of an ineffective corporate culture, I respond, "Concentrate on the soil." Concentrating on corporate soil isn't providing "more stuff." And while it is laudable to give new mothers nursing stations to breastfeed their infants, on-site gyms or gym memberships for athletic employees, and childcare facilities for young parents, this isn’t the soil. These perks should be a result of good soil, not the soil itself. Perks such as these should be part of a larger cultural context, one that the employees believe in."

The best motivation you can provide an employee is to give them ownership in the company they work for. Selling to an ESOP Increases Job Satisfaction and Improves Corporate Performance.  By Selling to an ESOP, you will do more than just “cultivate the soil” of your company, you will actually begin to grow an ownership culture within your organization.