*SMLR-Net, the source of selected news on labor and employment relations and Human resource management* Title: A wealth-building tool often more coveted than a 401(k) plan by employees
*Author:* Susan Caminiti
*Source:* CBNC
*Date:* Dec 3, 2018 Summary: Workers can accumulate some significant assets. The average employee account balance in an ESOP is $134,000, according to research https://smlr.rutgers.edu/sites/default/files/documents/EPE/employee_ownership_kruse.pdf by professors Joseph Blasi and Douglas Kruse at the Rutgers School of Management and Labor Relations. That's over and above any other retirement plan a company might offer. Link: https://cnb.cx/2Qy6jxf ---------------------------------------------------------------------- Eugene McElroy, Library Associate James Carey Library, School of Management and Labor Relations Rutgers, the State University of New Jersey 50 Labor Center Way, New Brunswick NJ 08901 848-932-9513 smlrlibrary@work.rutgers.edu http://smlr.rutgers.edu/carey-library
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