Transitioning your small business to employee ownership can have positive impacts on employee engagement, productivity, and retention; anchor a lasting legacy for your efforts building the business; and offer a financially rewarding exit path that can be supported by experienced professional assistance.
Democracy at Work Institute - Original Research
The development of worker cooperative child care providers, from centers to in-home providers to nannies, should be included as part of a long-term strategy to address affordable childcare in New York City. This report, co-authored by DAWI and FPWA, spells out key recommendations that the Mayor’s office and City Council could implement to increase access to child care while increasing the quality of child care jobs.
The latest State of the Sector report by the Democracy at Work Institute and U.S. Federation of Worker Cooperatives covers research on worker-owned enterprises through 2015. Three years into surveying worker cooperatives on a national scale, we are positioned to analyze stability and change—demographically, and in terms of business performance, wages, and benefits.
On June 13 and 14 in Washington, DC, many of the nation’s leading experts in employee ownership, sustainable business and finance, community and economic development, and philanthropy came together in a Learning + Design session. Co-hosts for the meeting were Marjorie Kelly and Jessica Bonanno of The Democracy Collaborative and Camille Kerr of Democracy at Work Institute. The purpose of the session was to discuss how to achieve unprecedented scale of employee ownership by focusing on achieving an audacious goal: 50 million U.S. employee-owners by 2050.
The recent upsurge in worker cooperatives in the taxi industry presents a contrast between big opportunities and big risks. Hundreds of new worker owners have come together in just a handful of companies over the last 10 years, which outpaces the growth of worker cooperative ownership in many other industries. The coordinated marketing among what are already legally independent, entrepreneurially minded contractors lends itself to larger entities.
The Democracy at Work Institute has released the latest publication in the Worker Cooperative Industry Research Series, focusing on Craft Beer. The report examines the opportunities, challenges, and cooperative potential in the industry, which is still growing after more than two decades of upward trends. The success of Black Star Brewery and Pub Co-Op, as well as the ESOP-owned New Belgium Brewing Company provide models for replication and education.
This resource uses diagrams to depict how the different forms of employee ownership are structured. It focuses on the two primary vehicles for broad-based employee ownership in the United States: worker cooperatives and employee stock ownership plans.