Broad-Based Employee Ownership

Broad-based employee ownership is when a company distributes ownership stakes, like shares or similar rights, to a large percentage of its employees rather than just top executives. This means many employees have a stake in the company's success, aligning their interests with the company's performance. It can motivate employees, promote a sense of shared purpose, and potentially improve company outcomes. Such ownership structures can be achieved through programs like worker cooperatives, employee stock ownership plans (ESOPs), or profit-sharing schemes, fostering a more inclusive and engaged workforce.