Worker Cooperative

A worker cooperative is a type of business owned and operated by its employees, who have equal say in decision-making and share the profits. Unlike traditional companies where a few owners or shareholders control operations, all worker-owners in a cooperative participate in management and benefit from the company's success. This structure promotes fairness, collaboration, and a sense of community, as members work together towards common goals. Worker cooperatives can be found in various industries, from manufacturing to services, emphasizing democratic governance and employee empowerment in their business models.