CLEO Logo

School of Management and Labor Relations

Keyword Search

A Slice of the Sun: Namaste Solar Electric Takes Employee Ownership to the Limit 

by: Mitchell, Karen
Source: Entrepreneur.com 

It's the kind of place where everybody knows your name. And they know what's on your paycheck.

Namaste Solar Electric Inc., a Boulder-based company that designs and installs residential and commercial solar Photovoltaic Electric systems throughout the Front Range, is heating up the concept of operating a 100-percent employee-owned business.

Each of Namaste's 27 co-owners receives the same compensation, has equal voice in decision-making, and is afforded the same opportunities to participate in company ownership, says Namaste president Blake Jones, who reluctantly adopted his title to give customers and the media a sense of company leadership.