As KKR, a private equity firm, prepared to take Gardner-Denver, one of its portfolio companies, public in mid-2017, a discussion arose on the Gardner-Denver board about the implications of granting approximately $110 million in equity to its global employee base as part of its innovative “broad-based employee ownership program.” KKR (formerly known as Kohlberg Kravis … Read More
We the Owners: Employees Expanding the American Dream is a documentary from the Foundation for Enterprise Development that follows three companies of different sizes in different industries and regions (New Belgium Brewing, Namaste Solar, and DPR Construction) that use employee ownership in diverse ways (an ESOP, a worker cooperative, and a phantom stock plan respectively). … Read More
In this video about North State Grocery, the 100% employee owned chain of grocery stores operating as Holiday Market and Sav-Mor-Foods in Northern California and Oregon, employees describe what employee ownership means to them.
This Fortune Magazine video describes employee ownership at Publix Super Markets, the largest employee-owned company operating in the United States.
SRC employee-owners share how they impact the company’s bottom line – from idea sharing to cost savings. SRC Holdings is an open book employee owned company based in Springfield, Missouri.
The Colorado Employee Ownership Office (EOO) in collaboration with the Colorado Office of Film, Television and Media (COFTM) has developed a documentary following the employee ownership journeys of five Colorado companies. “Own It: A Colorado Story” follows five Colorado-based companies that have transformed the fabric of their communities – and the lives of their workers … Read More
This interview with Todd Leverette explores how employee ownership could address the racial wealth gap and benefit Black and brown communities. “Employee ownership gives Black and brown workers the ability to both build wealth and improve the quality of their jobs through actually having a voice in not just their day-to-day activities but in the … Read More
This teaching and learning guide accompanies the article “Gender In/equality in Worker-owned Businesses,” which reviews existing literature on gender in businesses with employee stock ownership plans, worker cooperatives, and communes. Worker ownership has attracted renewed interest as a possible solution to the social and economic problems confronting our society. In worker-owned businesses, workers have greater … Read More
Businesses interested in transitioning into employee ownership are often presented with a structural dilemma: convert into an ESOP or a cooperative? Go for the democratic worker control and participation of a cooperative, or the tax benefits of an ESOP? In this article the author describes how he helped a company, Sun Light & Power, combine … Read More
City and state policymakers across ideological divides can help raise standards for workers and boost sustainable economic growth by supporting employee ownership and broad-based profit-sharing.
The goal of playing the Great Game of Business has always been to find a way to teach the have-nots how the haves make it. It’s about creating and distributing wealth equitably as a way to close those gaps in wealth that plague our society. It’s about changing the game. Change the Game is filled … Read More
Inequality in the U.S. has been getting worse for decades: The richest 1% own a majority of all business wealth, and the top 10% own more than 90%. It has become clear that companies need to address the problem. One place to start is by expanding employees’ ownership stakes in companies, giving workers a path … Read More
Platform cooperatives make possible a more democratic digital economy. They offer an alternative to extractive “platform capitalism,” one based on cooperative principles such as democratic ownership and governance.
Co-opLaw.org is an online legal resource library supporting democratic, worker-owned businesses from the Sustainable Economies Law Center.
Up & Go is a digital platform where people can book cleaning services. It is also a cooperative owned by worker-owned cleaning cooperatives. This video includes voices of immigrant worker-owners, and reflections about the importance of organizing workers in the digital gig “platform economy.”
CFL’s app, Up & Go, is the first booking app in the United States owned by domestic workers, empowering them to increase wages, build assets, and compete in the digital gig economy. This video introduces the app as well as its owners/employees.
This article focuses on worker-owned apps, specifically Up & Go, and how they are the new best thing for labor economies. It walks through what worker-owned apps are, what obstacles there might be when making one, and how to build it with the workers at the forefront of designing.
With the emergence of worker-owned apps, where they own and run the marketplace themselves, the on-demand labor apps are seeing a new light. It’s a trend that could save the gig economy from itself. One of these apps is Up & Go, which lets you order house-cleaning services in New York City. The cleaners are … Read More
The redesigned Curriculum Library for Employee Ownership (CLEO), the online library dedicated to employee share ownership, features more than 600 resources—including company case studies, links to scholarly research articles, informative videos, and policy reports. This webinar introduces this free online library and highlights resources of interest to business owners who are considering employee ownership. Research … Read More
Even before the pandemic, many workers struggled to build wealth. Divisions between men and women, and between white households and households of color, are particularly striking. The pandemic has exacerbated and heightened awareness of these inequities, and there is a mounting sense of urgency to find practical solutions. Increasing participation in business ownership can help … Read More
This paper proposes that impact investors and other capital providers could catalyze employee ownership buyouts. Impact capital could become the lever used to redirect wealth into the hands of working Americans, creating a more just and equitable economy that is more resilient against future shocks. Investments in employee ownership buyouts could offer attractive midrange returns, … Read More
Becoming Employee Owned is an initiative of the Democracy at Work Institute, a movement-based think-and-do tank supporting worker cooperatives to grow to a scale that creates meaningful change in the economy. The website includes resources for small businesses and company profiles.
The “A Visual Guide to Employee Ownership” website is an initiative of the National Center for Employee Ownership. It includes infographics, videos, a map of ESOPs in the United States, and other accessible but impactful visual guides.
The National Center for Employee Ownership YouTube Channel includes webinars and videos on a variety of topics related to employee ownership. NCEO is a nonprofit organization that has been supporting the employee ownership community since 1981. Its mission is to help employee ownership thrive.
The Employee Ownership Expansion Network YouTube Channel includes informative short videos about employee ownership. EOX is a national nonprofit focused on significantly expanding employee ownership across the United States by establishing and supporting a network of independent nonprofit State Centers for Employee Ownership.