Abstract
Over the years, critics have charged the United States Postal Service (USPS) with various shortcomings. Labor issues, in particular workplace relations and productivity, stand out as more frequently discussed areas of concern. Proposed approaches to reform run the gamut from maintaining the status quo to privatization. This paper explores the potential application of an employee stock ownership plan (ESOP) to provide USPS with an effective strategy to address both employee relations and the challenging current financial situation.
The views esprressed in this paper are those of the author alone and do not necessarily reflect those of the United States Postal Service, PricewaterhouseCooper, or An Post.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Abramson, Mark A. and Paul R. Lawrence. 1998. “Improving the Business of Government.” The Business of Government 1 (No. 4, July/August).
Elcano, Mary S., Robert A.F. Reisner, R. Andrew German, and Margaret P. Crenshaw. 2001. “People and Privatization: Human Resources Strategies in Postal Reform.” In Postal and Delivery Services: Pricing, Productivity, Regulation and Strategy, edited by Michael A. Crew and Paul R. Kleindorfer. Boston, MA: Kluwer Academic Publishers.
Kardas, Peter A., Adria L. Scharf, and Jim Keogh. 1998. “Wealth and Income Consequences of Employee Ownership: A Comparative Study from Washington State.” The Journal of Employee Ownership, Law, and Finance 10 (No. 4, Fall).
Kelso, Louis O. and Mortimer J. Adler. 1958. The Capitalist Manifesto. New York, NY: Random House. Reprinted 1975 Westport, CT: Greenwood Press.
Kelso, Louis O. and Mortimer J. Adler. 1961. The New Capitalists. New York, NY: Random House. Reprinted 1975 Westport, CT: Greenwood Press.
Kruse, Douglas and Joseph Blasi. 2002. “Study Shows ESOPs Improve Performance and Employee Benefits.” Journal of Employee Ownership, Law, and Finance. 14 (No. 1, Winter)
Mehran, Hamid. 1999. “Unleashing the Power of Employee Ownership.” Hewitt Associates report in conjunction with Northwestern University Kellogg School of Management.
Rosen, Corey and Michal Quarrey. 1987. “How Well Is Employee Ownership Working?”. September-October. Boston, MA: Harvard Business School Publishing.
United States General Accounting Office. 1987. “Employee Stock Ownership Plans: Limited Evidence of Impact on Corporate Performance.” GAO/PEMD-88-1, October 29, 1987.
Watcher, Michael L. and Jeffrey M. Perloff. 1991. “A Comparative Analysis of Wage Premiums and Industrial Relations in the British Post Office and the United States Postal Service.” In Competition and Innovation in Postal Services, edited by Michael A. Crew and Paul R. Kleindorfer. Boston, MA: Kluwer Academic Press.
Wachter, Michael L., Barry T. Hirsch, and James W. Gillula. 2000. “Difficulties of Deregulation When Wage Costs are the Major Cost.” In Future Directions in Postal Reform, edited by Michael A. Crew and Paul R. Kleindorfer. Boston, MA: Kluwer Academic Press.
Winther, Gorm. 1995. Employee Ownership: A Comparative Analysis of Growth Performance. Aalborg, Denmark: Aalborg University Press.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media New York
About this chapter
Cite this chapter
Vegliante, A., Martin, L., Treworgy, D., Harrington, E., Annett, N. (2002). Employee Stock Ownership as a Human Capital Strategy for the United States Postal Service. In: Crew, M.A., Kleindorfer, P.R. (eds) Postal and Delivery Services. Topics in Regulatory Economics and Policy Series, vol 44. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-0233-3_11
Download citation
DOI: https://doi.org/10.1007/978-1-4615-0233-3_11
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-4978-5
Online ISBN: 978-1-4615-0233-3
eBook Packages: Springer Book Archive