
Employee-owned companies
Employee-owned companies are businesses where employees hold a significant ownership stake, often through stock shares or cooperative arrangements. This means employees are also owners, with a direct interest in the company's success, aligning their efforts with company performance. Such structures can foster greater engagement, motivation, and a sense of shared purpose. Employee ownership can be implemented in various ways, including Employee Stock Ownership Plans (ESOPs), cooperatives, or through direct shareholding. Essentially, employees become part-owners, sharing in both the benefits and responsibilities of ownership.