“when they sell a company, it’s not only the financial benefit: they also want to feel good about what happens to the company afterwards”

Curious about worker ownership, including Employee Stock Ownership Plans, or ESOPs, and worker cooperatives? Check out this piece by for Vermont Digger:

NCEO says its research shows employee-owners are likely to have higher median incomes from wages, no matter what their wage level. The group said employee-owners tend to have better access to benefits like flexible work schedules, parental leave and tuition reimbursement, and tend to stay at their jobs longer than non-employee-owners.

Proponents of the worker ownership model say it’s also more likely to result in jobs with dignity and more opportunities for wealth and building skills.

Source: Interest in Employee Ownership Growing

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