Employee ownership comes in a wide variety of flavors for people with differing tastes. Some, like profit-sharing plans, involve no actual ownership but allow employees to share in the bounty of good years. Others, like ESOPs, give employees an indirect beneficial ownership interest in their employer's stock. And others, like cooperatives, let employees buy an actual ownership interest in their employer and give them a voice in democratic decision-making. This session will give participants a taste of all the different flavors of employee ownership and talk about why some taste better than others depending on the needs of the owner, company, and employees. The session will also discuss how some of these flavors can be an appetizer, whetting everyone's appetite for more employee ownership later, or combined into the perfect employee ownership meal. NCEO Resource: The Decision-Makers Guide to Employee Ownership
Learning Objectives:
Upon completion, participants will have an understanding of the continuum of employee ownership
Upon completion, participants will know the advantages and disadvantages of each type of employee ownership
Upon completion, participants will understand how some types of employee ownership can be used to ease into employee ownership and how some can be combined to meet everyone's long-term and short-term goals
